Kazakhstan plans 12% increase in Caspian CPC oil exports in March, Energy Ministry says

MOSCOW, March 4 (Reuters) - Kazakhstan plans to increase its oil exports through the Caspian Pipeline Consortium (CPC) pipeline to 6.7 million metric tons in March, from 5.4 million tons in February, Kazakhstan's Energy Ministry told Reuters in a written response to questions.

The proposed amount is equivalent to about 1.71 million barrels of oil per day (bpd).

On a daily basis, oil supplies from Kazakhstan's oil fields to the pipeline are expected to rise 12% from February, according to Reuters calculations. March is three days longer than February this year.

Kazakhstan's average daily oil and condensate output in February was 287,000 metric tons per day, or 2.15 million bpd, including 118,000 tons (about 0.9 million bpd) per day produced on the giant Tengiz field, according to the Energy Ministry.