Tag Archives: Kazakhstan

Kazakhstan supports extending the cut but will need to renegotiate its own production ceiling.

This year it is planned to produce about 5 million tons of oil and 3.1 billion cubic meters of natural gas at Kashagan

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.

Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.

The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.

Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.

OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.

Afghanistan is importing all its oil and gas from Iran. Turkmenistan. Kazakhstan and sometimes from Iraq.

Oil exports via the Caspian Pipeline Consortium (CPC) rose by 3.6 percent to 44.3 million tonnes in 2016.

Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.