Kazakhstan's TCO has cut oil and LPG output since Feb 24

Transatlantic Mining

28/02/2022 14:17

MOSCOW, Feb 28 (Reuters) - Production of oil and liquefied
petroleum gas (LPG) at Kazakhstan's largest oil venture
Tengizchevroil (TCO) have declined since Feb. 24, data from
Refinitiv Kortes and traders showed on Monday.
    According to the data, daily LPG production at TCO declined
to 1,710 tonnes on Feb. 24 from 4,188 tonnes on average from the
start of the month and further to 949 tonnes on Feb. 27.
    At the same times loadings of LPG, or propane and butane,
remained stable, at 4,700 tonnes on Feb 27.
    Traders also said that TCO's daily oil production declined
to 74,049 tonnes on Feb. 24 from 84,711 it produced on average
from the start of the year. It stood at 75,155 tonnes on Feb.
27, the traders said.
    The company has not explained the reasons behind the
production cuts.    
    Kazakhstan's total oil and gas condensate daily production
declined on Feb. 24 to 249,700 tonnes and further to 248,767
tonnes on Feb. 27 from 257,807 tonnes on Feb. 22, according to
the state oil and gas information and analytical centre.

 (Reporting by Reuters; editing by Jonathan Oatis)
 ((moscow.newsroom@reuters.com; @reuters;))