Kazakhstan offsets OPEC+ obligations by cutting revenues

Due to the maintenance works at the CPC pipeline Kazakhstan may lose about 320 thousand barrels/day in April (1.3 mln tonns).

 

This volume will be a part of compensation plan within OPEC+ cooperation.

 

Also considering the operations shut-down during the turnaround work at NCOC facilities in June-July 2022 Kazakhstan will entirely compensate its production volumes within OPEC+ cooperation until end of June 2022

 

Photo https://energy.asia/