KazMunaiGas EP Oil Output falls on Strike, Power Cuts
12.10.2011
KazMunaiGas Exploration Production said on Monday its crude oil production would fall 8.4 percent below target this year as a result of a long-running labor dispute and emergency power cuts at some of its oilfields.
Kazakhstan's second-largest oil producer said in a statement that it expected to lose 1.15 million tons...