Kazakhstan No. 3 field Karachaganak to maintain stable output, boost CPC volumes: KMG

Kazakhstan’s third highest producing oil field, Karachaganak, is expected to maintain liquids output at current levels in the medium term, helping underpin an expected increase in CPC Blend crude exports, state-owned KazMunaiGaz has told S&P Global Commodity Insights. KMG played down the prospect of oil output decline at Karachaganak, a vast gas condensate field in the northwest of the country…Kazakhstan’s third highest producing oil field, Karachaganak, is expected to maintain liquids output at current levels in the medium term, helping underpin an expected increase in CPC Blend crude exports, state-owned KazMunaiGaz has told S&P Global Commodity Insights. KMG played down the prospect of oil output decline at Karachaganak, a vast gas condensate field in the northwest of the country…  Read More