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.

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335