Kazakh KMG EP Q1 Oil Output Falls 5 pct y/y

Kazakh KMG EP Q1 Oil Output Falls 5 pct y/y

April 25 (Reuters) – KazMunaiGas Exploration and Production (KMG EP) :

* Produced 2.904 million tonnes of crude oil (238,000 barrels per day) in Q1 2017, down 5 percent year on year.

* The lower levels of production were largely due to a natural decline in production of oil at PetroKazakhstan and fewer wells drilled at Ozenmunaigas. Source text for Eikon: Further company coverage: (Reporting by Moscow Newsroom)

 

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