Karachaganak Maintenance Set to Cut Kazakhstan Oil Output by Up to 450k Tons
Kazakhstan's oil production is set to decline due to planned maintenance at the Karachaganak field, according to Energy Minister Yerlan Akkenzhenov.
The maintenance work is scheduled to begin in mid-September and is expected to result in a loss of around 400,000 to 450,000 tons of oil production.
This comes after Kazakhstan reduced production at Karachaganak in June following a drone attack on the Orenburg Gas Processing Plant, which caused daily output to fall from 34,000 to 25,000 tons.