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Kazakhstan further downgrades oil output forecast for 2024

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Kazakhstan’s oil and gas condensate output is now seen at 87.8 million metric tons in 2024, down from the previously expected figure of more than 88 million tons (1.76 million barrels per day), Energy Minister Almasadam Satkaliyev said on Tuesday. The ministry had previously expected oil production at 90.3 million tons this year compared to ...

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