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Friday 26 August 2011

KazMunaiGas: Oilfield Production Normal despite Strike


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ALMATY (Dow Jones Newswires) – Production at a state-owned onshore oilfield in Western Kazakhstan is “almost back to normal” despite an ongoing wildcat strike, a spokesman for the state oil company said Friday.

Daulet Zhumadil, a spokesman for JSC KazMunaiGas Exploration and Production (RDGZ.KZ), said that despite the strike at the wholly owned Uzenmunaigas unit, the decline in daily production at UMG has been reversed since the beginning of August and has now almost reached its normal output of 6 million metric tons a year.


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