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Kazakhstan plans to strike a standalone deal with a
multinational oil and gas major to increase output at the Kashagan
field, according to a Kazakh official who spoke to Reuters. Astana
ramped up output by 9.9 percent between January to July, bringing
its total production to 1.724 million barrels per day. The country
had vowed to keep output below 1.7 million bpd last November, when
OPEC and 11 non-member nations struck a landmark production
agreement in Vienna. Kazakhstan does not plan to remain in
violation of the OPEC deal for long. It hopes…

Kazakhstan plans to strike a standalone deal with a
multinational oil and gas major to increase output at the Kashagan
field, according to a Kazakh official who spoke to Reuters. Astana
ramped up output by 9.9 percent between January to July, bringing
its total production to 1.724 million barrels per day. The country
had vowed to keep output below 1.7 million bpd last November, when
OPEC and 11 non-member nations struck a landmark production
agreement in Vienna. Kazakhstan does not plan to remain in
violation of the OPEC deal for long. It hopes…

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