Moscow : Kazakhstan’s oil and gas condensate production reached a record high in March, supported by increased output at the Tengiz oilfield and steady exports via the Caspian Pipeline Consortium (CPC), industry sources said.
According to Kazakhstan’s Energy Ministry, production totalled 8.95 million metric tons, equivalent to 2.17 million barrels per day (bpd). The country has repeatedly exceeded its OPEC+ crude oil quota, which is set at 1.468 million bpd. Gas condensate output is not included under the quota.
Despite drone attacks on CPC infrastructure in February and March, Kazakhstan’s oil exports remained stable. Shipments through the CPC pipeline continued throughout March, with export volumes initially set at 1.7 million bpd for both March and April.
