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Kazakhstan's oil output fell 3% in April but stayed above OPEC+ quota
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Kazakhstan's oil output fell 3% in April but stayed above OPEC+ quota
May 26, 2025 7:43 AM

MOSCOW, May 14 (Reuters) - Kazakhstan's oil production

fell 3% from March to 1.82 million barrels per day (bpd) in

April, but was again above the country's OPEC+ quota, according

to an industry source familiar with the statistics, and Reuters

calculations.

Kazakhstan's output has become the main point of contention

inside OPEC+, with group leader Saudi Arabia demanding that

members respect their quotas.

Kazakhstan, a top-10 oil producer, had an OPEC+ quota for

April of 1.473 million bpd.

The country's energy ministry said earlier in May that it

was committed to the OPEC+ agreement, but didn't plan to cut

output, as it had "frequently informed" its OPEC+ partners.

OPEC+ has agreed to accelerate oil production hikes for a

second consecutive month, raising output in June by 411,000

barrels per day, despite falling prices and expectations of

weaker demand.

Kazakhstan's oil production has risen this year as a result

of an expansion at the Chevron ( CVX )-led Tengiz oil field, the

country's largest. However, in April the field produced 885,000

bpd, down from 950,000 bpd in March.

Kazakhstan's energy ministry did not immediately reply to a

request for comment on Wednesday.

Previously Kazakhstan pledged to compensate for

overproduction by reducing its cumulative output by 1.3 million

bpd by April 2026.

Western oil majors, including Shell, ExxonMobil

, TotalEnergies and Eni, as well as

Chevron ( CVX ), are active in Kazakhstan oil projects.

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