MOSCOW- Kazakhstan reduced its oil and gas condensate output by 10% month-on-month to 1.689 million barrels per day in May and failed to fully meet its obligations under the global production cut agreement, industry sources told Reuters on Wednesday.
The Central Asian nation was due to reduce its oil output by 22% from the first-quarter average. The deal does not cover gas condensate production, but a separate figure for that was not available.
(Reporting by Alla Afanasyeva Writing by Olzhas Auyezov Editing by Louise Heavens) ((olzhas.auyezov@thomsonreuters.com; +7 727 2508 500; Reuters Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))
