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Italy's Eni cuts liquids output in Kazakhstan in 1Q2024

Kazakhstan Materials 24 April 2024 19:15 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 24. The Italian Eni's production of liquids in Kazakhstan amounted to 114 kbbl/d (kilobarrels per day) from January through March 2024, Trend reports.

According to Eni production results, in the same period in 2023, this figure was 118 kbbl/d.

In addition, liquid production in Kazakhstan in the fourth quarter of 2023 amounted to 122 kbbl/d, which is 9.9 percent more than the same period in 2022 (111 kboe/d).

Meanwhile, Eni's hydrocarbon production in 1Q2024 maintained an average of 1.741 million barrels of oil equivalent per day (boe/d), marking a notable 5-percent increase year-on-year (1.661 boe/d in 1Q2023).

Furthermore, Kazakhstan produced 90 million tons of oil in 2023, which is 6.9 percent higher than in 2022.

At the same time, oil exports also increased and amounted to 70.5 million tons, which is 9.6 percent more than the previous year.

Moreover, Kazakhstan plans to increase oil production in 2024 to 90.3 million tons.

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