ASTANA, Kazakhstan, February 27. The volume of oil production at the Kazakhstan's Tengiz field for the share of KazMunayGas (KMG) amounted to 5.78 million tons (126,000 barrels per day) in 2023, Trend reports.
According to KMG's data, compared to 2022, the volume of oil production decreased by 1 percent. To note, crude oil production by Tengizchevroil LLP (TCO, a joint venture between Kazakhstan and Chevron) amounted to 28.9 million tons (230.6 million barrels) in 2023.
As the KMG noted, the decrease in production was due to the suspension of oil intake from the CPC system during scheduled maintenance of the oil pipeline and the shutdown of the sea terminal due to unfavorable weather conditions in the fourth quarter of 2023.
At the same time, associated gas production at the field decreased by 0.9 percent, amounting to 3.2 billion cubic meters.
Meanwhile, the volume of oil and gas condensate production by Kazakhstan's national company, KazMunayGas (KMG), amounted to 23.5 million tons (486,000 barrels per day) in 2023. The volume of oil and gas condensate production grew by 6.5 percent from 2022.
At the same time, natural and related gas output climbed by 14.8 percent over the reporting period, reaching 9.45 billion cubic meters.