BAKU, Azerbaijan, June 14. Liquids output in Kazakhstan decreased by 175,000 barrels a day to average 1.8 million barrels a day in April, Trend reports citing OPEC Monthly Oil Market Report.
Crude production declined by 128,000 barrels a day month-on-month to average 1.4 million barrels a day. Production of NGLs declined by 47,000 barrels a day month-on-month in April to average 0.3 million barrels a day.
Kazakhstan’s liquids supply forecast for 2021 is estimated to have increased marginally by 10,000 barrels a day year-on-year, to average 1.8 million barrels a day.
For 2022, liquids supply is forecast to grow by 117,000 barrels a day to average 1.95 million barrels a day, revised down by 25,000 barrels a day from the previous month’s assessment, due to maintenance in the Kashagan oil field in 2Q22.