KazMunaiGas EP expectedly lowers production guidance

    KazMunaiGas EP (KMG EP) released an operational update yesterday, in which it lowered its 2012 consolidated production estimate (excluding associates) from 8.60 million tons to 7.91 million tons.     Troika Dialog said while they were unhappy about the outlook, which the company keeps cutting every year, the development was quite expected....