Kazakhstan oil output falls 8.4% in H1, talks with companies underway
This digest was compiled by AI from multiple sources — links to the originals are below.
Kazakhstan's oil production fell 8.4% year-on-year in the first half of 2026 to 45.7 million tonnes, Energy Minister Yerlan Akkenzhenov said. The government is in talks with major oil producers to boost output, aiming to compensate for earlier declines. A planned maintenance shutdown at Kashagan has been rescheduled to recover up to 2 million tonnes.
Production Decline
Kazakhstan's oil output in January-June 2026 was 91.6% of the level in the same period last year, totaling 45.7 million tonnes. The country's overall losses have been reduced from 4.9 million to 3.3 million tonnes, according to Akkenzhenov. The full-year 2026 production forecast stands at 98 million tonnes.
Gas and Coal Output
Natural gas production fell 4.1% year-on-year to 31.4 billion cubic meters in H1 2026, while commercial gas output dropped 12.9% to 12.2 billion cubic meters. Coal production rose 12.4% to 58.9 million tonnes. Coal exports in January-April increased 4.1% to 10.1 million tonnes.
Refining and Exports
Oil refining in H1 2026 reached 8.98 million tonnes, down 2.1% from a year earlier. The government expects full-year refining of 18.2 million tonnes. Kazakhstan has been increasing oil exports to the Netherlands, Singapore, and Egypt, according to earlier reports.
CPC Pipeline Drone Attack
A floating mooring point in the Black Sea, part of the Caspian Pipeline Consortium (CPC) export route, was struck by a drone at 4:06 a.m. on a November morning. The CPC carries most of Kazakhstan's oil exports, and the attack disrupted operations.
What's Next
The government will continue negotiations with oil companies to raise output in the second half of 2026. It remains unclear whether the rescheduled Kashagan maintenance and other measures will fully offset the H1 decline.
2 sources
Kazakhstan oil output falls 8.4% in H1, talks with companies underway
