Caspian Oil Supply - April 2015

Source: OPEC 5/6/2015, Location: Asia

Oil production in Kazakhstan, Azerbaijan and FSU others, is expected to decline in 2015 by 20 tb/d to average 10.54 mb/d, 40 tb/d to average 1.61 mb/d and 10 tb/d to average 0.38 mb/d, respectively, unchanged from previous MOMR. The q-o-q growth in 1Q15 in Kazakhstan and Azerbaijan was -20 tb/d and 40 tb/d, respectively.


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