ALMATY, July 14 (Xinhua) -- Kazakhstan's oil production fell 8.4 percent year on year to 45.7 million metric tons in the first half of 2026, Energy Minister Yerlan Akkenzhenov said Tuesday.
The country's oil production is forecast to reach 98 million metric tons by the end of 2026, as negotiations are underway with major subsoil users on measures to increase oil production, the Kazinform news agency quoted Akkenzhenov as saying.
Scheduled maintenance at the Kashagan oil field had been postponed to offset earlier production shortfalls, a move expected to recover up to 2 million metric tons of oil output. As a result, projected production losses have already been reduced from 4.9 million metric tons to 3.3 million metric tons, the minister added. ■
