Kazakhstan’s Kashagan oil output falls due to unplanned maintenance

Kazakhstan’s Kashagan oil output falls due to unplanned maintenance

Kazakhstan’s Kashagan oil output falls due to unplanned maintenance

Production of oil and gas condensate at Kazakhstan as its Kashagan project decreased due to unplanned maintenance according to the energy ministry.

While it declined to elaborate, two industry sources said that daily production at Kashagan had fallen from 365,000 barrels to 294,000 barrels on average in early October.

The energy ministry said the drop in production was a caused by a loss of pressure at one compressor and subsequent maintenance. They furthered that repairs would be completed “in the near future”.

Kashagan Oil is a major component of CPC Blend crude which is shipped via the Caspian Pipeline Consortium (CPC) system. 

Risk disclaimer "TS Software Ltd – Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island, MH 96960, Marshall Islands is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of TS Software Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from umarkets.net or TS Software Ltd." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue
×

Help with deposit?