Oil Explorer Nostrum Cuts Output Target After Pipeline Repairs

  • 2015 production projected at 40,000-42,000 barrels a day
  • Output next year expected to rebound to about 45,000 barrels

Nostrum Oil & Gas Plc, an explorer in Kazakhstan, lowered its projection for output this year after repairs to an export pipeline. Shares of Nostrum fell 3 percent in London trading.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.