May 1, 2020 / 4:46 AM / a month ago

Kazakhstan cutting output at giant, large, medium-sized oilfields

NUR-SULTAN, May 1 (Reuters) - Kazakhstan is reducing production at certain giant, large and medium-sized oilfields to comply with the global output cut deal, the Central Asian nation’s energy ministry said on Friday.

It did not name any particular fields. Kazakhstan’s three giant fields, Tengiz, Kashagan and Karachaganak, are operated by groups of global energy majors. Kazakhstan has pledged to cut its output by 390,000 barrels per day in May and June. (Reporting by Tamara Vaal; Writing by Olzhas Auyezov; Editing by Muralikumar Anantharaman)

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