Kashagan oil field headed for major shutdown ahead of output increases

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Kazakhstan’s Kashagan oil field is on track for a major maintenance shutdown in June as the operating consortium eyes further output increases at the Caspian Sea development, despite recent disruption. Production at Kashagan, which is the second-highest contributor to CPC crude exports, has been reduced due to the disruption of loading at the Russian port of Novorosossiisk, operator the North…