OPEC increases its forecast on Kazakhstan’s liquids production

OPEC increases its forecast on Kazakhstan’s liquids production
  • Clock-gray 12:36
  • calendar-gray 12 March 2021

Organization of Petroleum Exporting Countries (OPEC) has increased its forecast on daily production of oil and other liquid hydrocarbons of Kazakhstan, APA-Economica reports citing OPEC's monthly report.

"Kazakhstan’s liquids production in February was up by 0.02 mb/d, m-o-m, (preliminary) to average 1.79 mb/d, which is down by 0.24 mb/d y-o-y.

Kazakhstan’s liquids production in 2020 is estimated to have declined by 0.10 mb/d, to average 1.83 mb/d, while for 2021, production is forecast to be flat y-o-y at 1.83 mb/d," noted in the report.

Emil Ismayilov

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