April 3, 2025

Record Oil Production in Kazakhstan Signals Robust Industry Growth

Kazakhstan’s oil and gas industry reached a historic milestone in March 2025, with production hitting an impressive 2.17 million barrels per day (bpd)—equivalent to 8.95 million metric tons for the month. This surge, the highest in the nation’s history, underscores the resilience and ambition of our energy sector, even as global market dynamics shift.

A key driver behind this achievement is Chevron’s Future Growth Project (FGP) at the Tengiz oilfield, which began delivering first oil earlier this year. The expansion has boosted Tengiz’s capacity by 260,000 bpd, pushing its total output toward an ambitious 1 million barrels of oil equivalent per day (boepd). This leap forward not only showcases cutting-edge technology but also highlights the power of international collaboration in unlocking Kazakhstan’s vast potential.

However, this record production comes with complexities. Kazakhstan’s output exceeds its OPEC+ quota of 1.468 million bpd, prompting discussions within the alliance about compliance. Yet, this overachievement reflects the strength of our industry, driven by major players like Chevron and ExxonMobil, alongside local expertise.

We’re proud to be part of this dynamic landscape, contributing to operational excellence and innovation that keep our nation at the forefront of global energy markets. As we move forward, we remain committed to harnessing this growth responsibly, ensuring a sustainable future for all stakeholders.