The amount of oil production and oil refining has declined for the second day in a row in Kazakhstan. Both industries have suffered a sharp decline in output by 20.8% and 45.8% respectively, according to the Information and Analytical Center for Oil and Gas (IACOG) under the Ministry of Energy.
On July 4, Kazakhstan produced 200,100 tons of oil and 142 million cubic meters of gas, while oil refineries processed 20,200 tons of oil. The price of Brent crude oil that day was $76.11 per barrel, the IACOG reported.
On July 3, oil and gas condensate production amounted to...