OPEC forecasts insignificant oil extraction fall in Kazakhstan in 2015
Edited by Rhod Mackenzie / 2015-05-20 02:13:19
The average daily oil extraction in Kazakhstan in 2015 will fall by 10 thousand barrels a day against 2014 and will make up on average 1.61 mln barrels a day, is said in OPEC’s May report.
The forecast won’t change compared to the April’s report.
In Q1 2015 the average extraction made up 1.66 mln barrels a day, in Q2-Q4 will be 1.60 mln, 1.59 mln and 16.1 mln barrels a day.
In March 2015 oil extraction in Kazakhstan fell by 10 thousand barrels a day against February and made up 1.67 mln barrels a day. It is slightly more than in March 2014. At 5 out of 10 largest deposits of Kazakhstan the extraction fell in Q1 2015.
