Oil Production Halves At Kazakhstan’s Giant Kashagan Field

OilPrice.com | May 24, 2022 at 1:20 PM
  • Kazakhstan’s offshore oilfield, Kashagan, has cut its production by nearly half since early May due to maintenance, sources told Reuters on Tuesday.
  • Due to the maintenance, however, Kazakhstan’s actual production fell on May 22 to 1.66 million bpd—from around 1.85 million bpd earlier in May.
  • Kazakhstan suffered another oil disruption in March and April of this year, when the pipeline that the country uses to export most of its oil was rendered mostly unusable due to damage caused by a storm.