Attacks on CPC Reduced Kazakhstan’s Oil Output by More Than 10%

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Recent attacks on the the key export terminal for Kazakh crude have wiped out more than a tenth of the country’s daily oil output. Combined production losses since Nov. 29, when the Caspian Pipeline Consortium’s shipping infrastructure on Russia’s Black Sea coast was damaged by Ukrainian attacks, amount to 480,000 tons, Energy Minister Yerlan Akkenzhenov told reporters in Astana, according to Interfax.
