Oil News in Kazakhstan

Meeting of Prime Minister of the Republic of Kazakhstan with CPC Head
5/26/2022 - Alikhan Smailov, Prime Minister of the Republic of Kazakhstan, had a meeting with CPC General Director Nikolay Gorban on 26 May 2022 in Nur-Sultan.

The parties d...
Caspian Oil Supply - October 2016
Caspian Oil Supply - October 2016 10/20/2016 - Kazakhstan’s oil supply, despite Kashagan’s production start-up in 4Q16, is expected to decrease by 40 tb/d over the previous year to average 1.56 mb/d in 2016. Kazakhstan’s oil production in August d...
Caspian Oil Supply - August 2016
Caspian Oil Supply - August 2016 8/22/2016 - Kazakhstan’s oil supply is expected to decrease by 50 tb/d over the previous year to average 1.55 mb/d in 2016, revised down by 10 tb/d from the previous MOMR. Kazakhstan’s oil production in May dropp...
Vitol Wins Right to Export Kazakhstan Share of Kashagan Output
8/16/2016 - The world's largest oil trader Vitol has won the right to export Kazakhstan's share of output from the giant Kashagan field, further strengthening its position in the central Asian nation as it prepar...
Asia Oil Supply – May 2016
Asia Oil Supply – May 2016 6/12/2016 - Oil production in the OECD Asia Pacific region was seen to decrease by 50 tb/d in 2015 to average 0.46 mb/d, unchanged compared with the previous MOMR. OECD Asia Pacific’s total oil supply in 2016 is ...
Caspian Oil Supply - December 2015
Caspian Oil Supply - December 2015 1/4/2016 - Oil production in Kazakhstan is forecast to decline by 60 tb/d to average 1.53 mb/d in 2016, a downward revision of 30 tb/d from last month’s prediction. Different sources have said that the giant Kas...
Caspian Oil Supply - July 2015
Caspian Oil Supply - July 2015 7/27/2015 - Kazakhstan’s oil supply is expected to decrease by 10 tb/d over the previous year to average 1.62 mb/d in 2015, unchanged from the previous MOMR. Kazakhstan’s output in June declined m-o-m by 80 tb/d ...
Caspian Oil Supply - June 2015
Caspian Oil Supply - June 2015 6/5/2015 - Kazakhstan’s oil supply is expected to decrease by 10 tb/d over the previous year to average 1.61 mb/d in 2015, unchanged from the previous MOMR. Kazakhstan’s output declined m-o-m by 54 tb/d in April...
Caspian Oil Supply - May 2015
Caspian Oil Supply - May 2015 5/27/2015 - Kazakhstan’s oil supply decreased by 20 tb/d over the previous year to average 1.62 mb/d in 2014, unchanged from the previous MOMR. On a quarterly basis in 2014, output will average 1.65 mb/d, 1.57 mb...
Caspian Oil Supply - April 2015
Caspian Oil Supply - April 2015 5/6/2015 - 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, u...
FSU, Other Regions Oil Supply in March 2015
FSU, Other Regions Oil Supply in March 2015 3/21/2015 - Oil production in the FSU is expected to decline in 2015 by 0.13 mb/d, including 60 tb/d in Russia, 20 tb/d in Kazakhstan, 40 tb/d in Azerbaijan and 10 tb/d in FSU Others, mainly Turkmenistan. Kazakhs...
Caspian Oil Supply in February 2015
Caspian Oil Supply in February 2015 2/17/2015 - Kazakhstan’s oil production is seen to remain unchanged at 1.62 mb/d in spite of an upward revision by 21 tb/d in 4Q14 on the back of strong output in November and December of 1.72 mb/d and 1.70 mb/d,...
Caspian Oil Supply in January 2015
Caspian Oil Supply in January 2015 1/25/2015 - Kazakhstan’s oil supply decreased by 20 tb/d over the previous year to average 1.62 mb/d in 2014, revised down by 10 tb/d from the previous MOMR, despite an upward revision of 10 tb/d in 4Q14. Kazakhs...
Caspian Oil Supply in December 2014
Caspian Oil Supply in December 2014 12/29/2014 - Kazakhstan’s oil output in October increased m-o-m by around 20 tb/d to 1.58 mb/d, but dropped on a yearly basis by 0.11 mb/d, due to continued maintenance at the Tengiz oil field. It is estimated tha...
KMG EP’s Board of Directors Approved the Budget for 2015
12/10/2014 - JSC KazMunaiGas Exploration Production held its regular Board of Directors (“the Board”) meeting on December 8, 2014. At the meeting the Board approved the budget for 2015 which assumes a Brent oil pr...
Caspian Oil Supply in November 2014
Caspian Oil Supply in November 2014 11/22/2014 - Kazakhstan’s oil production is foreseen decreasing by 0.03 mb/d in 2014 to average 1.61 mb/d. The latest updated production in the 3Q was supported by a production build-up from the Tengiz oil field, ...
Caspian Oil Supply in October 2014
Caspian Oil Supply in October 2014 11/2/2014 - Kazakhstan’s oil production is forecast to decrease by 20 tb/d in 2014 to average 1.62 mb/d, indicating an upward revision of 10 tb/d from the previous MOMR. The upward revision was introduced to adju...
Gazprom Considering Extension of Gas Supplies from Kazakhstan
7/23/2014 - Astana hosted today a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Uzakbai Karabalin, Minister of Oil and Gas of the Republic of Kazakhstan. ...
Caspian Oil Supply in June 2014
Caspian Oil Supply in June 2014 7/6/2014 - Kazakhstan’s oil supply is expected to decrease by 20 tb/d over 2013 to average 1.62 mb/d in 2014, unchanged from the previous month. Kazakhstan’s expected supply decline in 2014 comes from held back ...
Caspian Oil Supply in May 2014
Caspian Oil Supply in May 2014 5/25/2014 - Kazakhstan’s oil supply increased by 60 tb/d in 2013 to average 1.64 mb/d, unchanged from the previous MOMR. On a quarterly basis, supply averaged 1.68 mb/d, 1.60 mb/d, 1.61 mb/d, and 1.69 mb/d, respe...

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