financetom
Business
financetom
/
Business
/
Kazakhstan plans 12% increase in Caspian CPC oil exports in March, Energy Ministry says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kazakhstan plans 12% increase in Caspian CPC oil exports in March, Energy Ministry says
Mar 4, 2025 2:53 AM

MOSCOW, March 4 (Reuters) - Kazakhstan plans to increase

its oil exports through the Caspian Pipeline Consortium (CPC)

pipeline to 6.7 million metric tons in March, from 5.4 million

tons in February, Kazakhstan's Energy Ministry told Reuters in a

written response to questions.

The proposed amount is equivalent to about 1.71 million

barrels of oil per day (bpd).

On a daily basis, oil supplies from Kazakhstan's oil fields

to the pipeline are expected to rise 12% from February,

according to Reuters calculations. March is three days longer

than February this year.

Kazakhstan's average daily oil and condensate output in

February was 287,000 metric tons per day, or 2.15 million bpd,

including 118,000 tons (about 0.9 million bpd) per day produced

on the giant Tengiz field, according to the Energy Ministry.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls
Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls
Nov 12, 2025
Overview * PyroGenesis ( PYRGF ) Q3 revenue falls 18.7% yr/yr, reflecting project phase fluctuations * Gross margin declines to 24% from 42% in Q3 2024 * Company secures C$1.2 mln contract with cement industry customer Outlook * Company is not providing specific revenue or net income guidance for 2025 * Company focuses on innovation in high temperature processes for...
Market Chatter: Clearwater Analytics Mulls Sale
Market Chatter: Clearwater Analytics Mulls Sale
Nov 12, 2025
04:07 AM EST, 11/12/2025 (MT Newswires) -- Clearwater Analytics ( CWAN ) is mulling a sale of the company after receiving interest in a possible takeover, Bloomberg reported Tuesday, citing people familiar with the matter. The Idaho-based financial software firm is conferring with advisers on possible options and attempting to solicit interest from buyers, the report said. Discussions are early...
India raids paper mills in antitrust probe over supplies to schools body, sources say
India raids paper mills in antitrust probe over supplies to schools body, sources say
Nov 12, 2025
By Aditya Kalra NEW DELHI, Nov 12 (Reuters) - India's antitrust watchdog has conducted nationwide raids at six paper mills in an investigation of alleged price collusion in supplying paper to a government school education body, two people with direct knowledge said on Wednesday. India's paper industry accounts for about 5% of the world's production, and has an estimated annual...
Group 1 Automotive Approves New $500 Million Share Repurchase Authorization
Group 1 Automotive Approves New $500 Million Share Repurchase Authorization
Nov 12, 2025
04:09 AM EST, 11/12/2025 (MT Newswires) -- Group 1 Automotive ( GPI ) said late Tuesday its board approved a new $500 million share repurchase authorization. The company expects to use cash from operations to fund any share repurchases. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved