MOSCOW, June 2 (Reuters) - Kazakhstan's oil production
fell 4% in May from April due to lower production from the
Tengiz oilfield, but remained above the OPEC+ quota, according
to an industry source familiar with the statistics, and Reuters
calculations.
Kazakhstan, a top-10 oil producer, has persistently exceeded
quotas set by OPEC+, an alliance between the Organization of the
Petroleum Exporting Countries and other producers led by Russia.
Kazakhstan officials said the state had informed the group that
it had no plans to cut back its output.
Kazakhstan produced 1.748 million bpd of oil in May,
according to the source. The country's OPEC+ quota for May is
1.486 million bpd.
Oil output in Kazakhstan fell in May as Chevron ( CVX )-led
Tengizchevroil cut output on the giant Tengiz oilfield to
813,200 bpd from 885,000 bpd.
Kazakhstan's energy ministry and Tengizchevroil did not
reply to requests for comment.
Kazakhstan's total crude oil and gas condensate
production fell to 2.02 million bpd in May from 2.08 million bpd
in April, the source said.