BAKU, Azerbaijan, November 11
By Nargiz Sadikhova - Trend:
Kazakhstan liquids supply forecast for 2021 is expected to decline, Trend reports citing OPEC’s Monthly Oil Market Report (MOMR).
Liquids output in Kazakhstan recovered to 1.67 million barrels a day in September, following the end of maintenance in the Tengiz field, where production had dropped to 1.58 million barrels a day in August, but output remains lower than the July level of 1.83 million barrels a day.
Kazakh crude production recovered by 0.1 million barrels a day month-on-month in September. Production of condensate and NGLs is estimated to have declined by 11,000 barrels a day month-on-month to average 303,000 barrels a day.
Kazakhstan liquids supply forecast for 2021 is expected to decline by 0.01 million barrels a day and average 1.81 million barrels a day, while for 2022, liquids supply is forecast to grow by 0.17 million barrels a day to average 1.98 million barrels a day.
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