...

Kazakhstan's oil production forecast for 4Q2021 unveiled

Oil&Gas Materials 10 November 2021 11:48 (UTC +04:00)

BAKU, Azerbaijan, November 10

By Nargiz Sadikhova - Trend:

Kazakhstan will be extracting 1.90 million barrels a day of oil and other liquids in 4Q2021, Trend reports with reference to the August Short-term Energy Outlook (STEO) of the US Energy Information Administration (EIA).

The EIA said that Kazakhstan was extracting 1.72 million barrels a day in 3Q2021, thus making up the overall of 1.84 million barrels a day for 2021.

The EIA also noted that Kazakhstan’s oil extraction in 1Q2021 and 2Q2021 amounted to 1.87 million barrels a day and 1.86 million barrels a day respectively.

Furthermore, the EIA forecasts that Kazakhstan’s liquids output will equal 1.96 million barrels a day for 2022.

The EIA said that Kazakhstan has been extracting 2.06 million barrels a day in 1Q2020, and 1.86 million barrels a day in 2Q2020, 1.71 million barrels a day in 3Q2020, and 1.81 million barrels a day in 4Q2020.

The annual 2020 liquids production in Kazakhstan stood at 1.86 million barrels a day, the report said.

---

Follow the author on Twitter: @nargiz_sadikh

Tags:
Latest

Latest