Kazakhstan will not Increase Oil Production at Kashagan This Year

core June 25, 2018 International Leave a comment 2 Views

 

Oil production at Kashagan will not be increased to 370 000 barrels per day this year even if it is decided to enhance production within OPEC+ deal. said Kanat Bozumbayev. Minister of Energy of Kazakhstan. `Not this year.` he said answering the question about when this field reaches this level. TASS reports. He said Kazakhstan encourages OPEC`s decision to increase oil production by 1 mln barrels per day within OPEC+ deal and relies upon fair distribution of quotas between the member states. `It must be fair.` he said answering the question about quotas distribution.

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