Kazakhstan is set to cut its oil exports through the Caspian Pipeline Consortium (CPC) by up to 70% this month, a senior government official confirmed to local media.
Deputy Energy Minister Alibek Zhamauov told news outlet Trend that, while Kazakhstan’s oil exports have not been reduced through the CPC pipeline up until now, the country will reduce oil shipments by 70% in March. The CPC is a crucial route for Kazakhstan, handling the majority of the country’s oil exports.
Zhamauov also revealed that Kazakhstan plans to produce 1.5 million barrels of oil per day this month, in line with its OPEC+ commitment. This would be a significant decrease from February’s record output of 2.12 million barrels per day, which was a 13% increase from January. The February figure includes gas condensate production, and excluding this, Kazakhstan’s crude oil output was 1.83 million barrels per day.
Last month, the Caspian Pipeline Consortium faced a disruption after a Ukrainian attack temporarily halted oil flows. The Tengiz-Novorossiysk pipeline, which spans 1,511 km (939 miles), carries more than two-thirds of Kazakhstan’s oil exports, as well as crude from Russian fields.
Kazakhstan has become one of the biggest producers in OPEC+, often exceeding its production targets, alongside Iraq and Russia. These three countries submitted plans last year to compensate for their overproduction by September 2025. Kazakhstan, in particular, is behind on meeting its compensation commitments, with an excess production of 620,000 barrels per day in February. Russia and Iraq also face excess production, with Russia needing to cut 480,000 barrels daily, and Iraq the largest laggard, with a reduction of nearly 1.2 million barrels per day.
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