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Key Kazakh Field Cuts Oil Output After Drones Hit Russian Plant
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Key Kazakh Field Cuts Oil Output After Drones Hit Russian Plant Kazakhstan’s giant Karachaganak oil and gas field cut crude production by more than a quarter after a drone attack forced the shutdown of a processing plant in Russia that handles its gas. Karachaganak, one of Kazakhstan’s three largest hydrocarbon projects alongside Tengiz and Kashagan, accounts for about 10% of the country’s oil production. Because the field produces crude oil and natural gas together, it cannot significantly...
Key Kazakh Field Cuts Oil Output After Drones Hit Russian Plant
Kazakhstan’s giant Karachaganak oil and gas field cut crude production by more than a quarter after a drone attack forced the shutdown of a processing plant in Russia that handles its gas.
Karachaganak, one of Kazakhstan’s three largest hydrocarbon projects alongside Tengiz and Kashagan, accounts for about 10% of the country’s oil production. Because the field produces crude oil and natural gas together, it cannot significantly reduce gas output without also curtailing oil production.