U.S. Energy Information Administration maintains 2024-2025 liquid hydrocarbons production outlook for Kazakhstan

ALMATY. Feb 7 (Interfax) - The U.S. Energy Information Administration has maintained its outlook for liquid hydrocarbons production by Kazakhstan in 2024 and 2025.

The EIA said in its February outlook, as in January, that Kazakhstan might produce 1.92 million barrels per day in 2024.

Kazakhstan is expected to produce 1.86 million bpd in Q1 2024, 1.92 million bpd in Q2, 1.92 million bpd in Q3, all unchanged from the January forecast, and 1.96 million bpd in Q4 - the January forecast for Q4 was 1.98 million bpd.

According to EIA projections, liquids production by Kazakhstan in 2025 will average at 2.04 million bpd in 2025, including 2.06 million bpd in Q1, 2.05 million bpd in Q2, 1.94 million bpd in Q3 and 2.1 million bpd in Q4.