Kazakhstan revises downward oil production.

By bne IntelliNews February 23, 2012
Kazakhstans Oil and Gas Ministry expects oil and gas condensate production to reach 81mn tons this year, down from 83mn tons projected under the strategic plan approved in March 2011. Still, the new projected output is 1.17% higher than production in 2011 which stood at 80.06mn tons. Gas production this year is estimated at 40bcm, down from 42.5bcm set in the strategic plan.

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