Exclusive: Kazakhstan Hikes Oil Output to a Record High of 2.12 Million Bpd in February, Source Says
03.04.2025 By Tank Terminals - NEWS

March 04, 2025 [Reuters]- Kazakhstan raised crude oil and gas condensate production in February by 13% from January to a record high 2.12 million barrels per day, a source told Reuters on Monday, again exceeding its quota within the OPEC+ group of oil producers.

 

Excluding gas condensate, a type of light oil, crude oil production jumped last month by 15.5% from January to 1.83 million bpd, according to the source familiar with the official statistics, and Reuters calculations, which take into account Kazakhstan’s tons per barrel ratio of 7.5.

Kazakhstan has persistently exceeded its output quota of 1.468 million bpd under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and allies including Russia – together known as OPEC+.

It has promised to cut the output and compensate for overproduction.

However, it is boosting oil production at the Chevron-led Tengiz oilfield, country’s largest.

The field saw production increase to 904,000 bpd last month from 640,000 bpd in January following completion of maintenance and due to an expansion programme, the source said.

The energy ministry did not immediately reply to a request for comment.

Output has also increased despite last-month’s drone attack at a pumping station on Russia’s stretch of the Caspian Pipeline Consortium (CPC), which exports around 80% of Kazakhstan’s oil.

Kazakhstan said last month the oil supplies via CPC were on schedule.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Gascade Completes 400km German Hydrogen Pipeline Conversion
12.12.2025 - NEWS
December 12, 2025 [H2 View]- Gascade Gastransport has completed the conversion of 400km of natura... Read More
Exclusive: Oman's OQ in Talks With Partners for Duqm Petrochem Project as Sabic Withdraws
12.12.2025 - NEWS
December 12, 2025 [Reuters]- Oman’s state energy group OQ is in talks with new potential pa... Read More
Suncor Energy Targets Major Production Boost in 2026
12.12.2025 - NEWS
December 12, 2025 [Oil Price]- Canada’s oil producer Suncor Energy expects to grow its upstream... Read More
Canada’s Cenovus Energy To Boost 2026 Oil Production
12.12.2025 - NEWS
December 12, 2025 [Oil Price]- Cenovus Energy expects its upstream production to rise by about 4%... Read More