March 14, 2018 / 8:28 AM / 9 months ago

Kazakhstan's Jan-Feb oil output rises 7.1 percent y/y

MOSCOW, March 14 (Reuters) - Kazakhstan’s oil output rose 7.1 percent year-on-year to 14.6 million tonnes in the first two months of 2018, the energy ministry said on Wednesday.

Output at Tengizchevroil, owned by Chevron, ExxonMobil, LUKOIL and KazMunayGaz rose 3.4 percent in the same period to 4.9 million tonnes.

The giant Kashagan field, developed by Eni, ExxonMobil, CNPC, Shell, Total, Inpex and KazMunayGaz, boosted its output 89.7 percent to 1.8 million tonnes.

The Karachaganak field, operated by a Shell- and Eni-led consortium, reduced its output by 0.3 percent to 2.1 million tonnes. (Reporting by Alla Afanasyeva Writing by Olzhas Auyezov in Almaty Editing by Jack Stubbs)

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