Tengiz plans to return to peak production of 120k T per day by February 23rd, according to reports
Importance
Level 1
- Tengiz oilfield had recovered to around 60% of peak production by February 8th.
- Kazakhstan's overall crude and gas condensate output rose to 1.6mln BPD for February 1st-8th, from January average of 1.27mln BPD.
- Tengiz oilfield's output was c. 70k Mt/day, or 550k BPD, on February 8th.
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