BAKU, Azerbaijan, March 10
By Nargiz Sadikhova - Trend:
Kazakhstan will be extracting 2.04 million barrels a day of oil and other liquids in 1Q2022, Trend reports with reference to the January Short-Term Energy Outlook (STEO) of the US Energy Information Administration (EIA).
The EIA forecasts that oil production will stand at 2.01 million barrels a day in 2Q2022, 1.98 million in 3Q2022, and 2.02 million in 4Q2022.
Furthermore, the EIA forecasts that Kazakhstan’s liquids output will equal 2.01 million barrels a day by 2022.
The EIA also noted that Kazakhstan’s oil extraction in 1Q2021, 2Q2021, 3Q2021, and 4Q2021 amounted to 1.87 million barrels a day, 1.86 million, 1.72 million, and 2.01 million respectively, thus making up the overall of 1.87 million barrels a day for 2021.
The annual 2023 liquids production in Kazakhstan is also forecast to be at 2.02 million barrels a day, the report said.
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