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Kazakhstan hikes 2025 output forecast for Kashagan and Karachaganak oilfields
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Kazakhstan hikes 2025 output forecast for Kashagan and Karachaganak oilfields
Nov 4, 2025 5:06 AM

ALMATY, Nov 4 (Reuters) - Kazakhstan's state energy

company KazMunayGaz has raised its production forecast for the

Kashagan and Karachaganak oilfields this year to 18.25 million

metric tons (mmt) and to 11.2 mmt respectively, it said on

Tuesday.

The previous forecast for Kashagan was 17.8 mmt, while the

previous forecast for Karachaganak was 11.14 mmt.

In the first nine months of 2025, it said 13.6 mmt of oil

were produced at Kashagan and 8.23 mmt at Karachaganak.

The offshore Kashagan field, one of the world's biggest

discoveries in recent decades, is being developed by Eni

, Shell, TotalEnergies, ExxonMobil ( XOM )

, KazMunayGaz, Inpex ( IPXHF ) and CNPC

.

Karachaganak's operators include Chevron ( CVX )

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