Kazakhstan increases oil and gas condensate production
By Trend
Kazakhstan increased production of oil and gas condensate by 6.4 percent to 37.7 million tons in January-May 2018, the deputy Energy Minister of Kazakhstan Makhambet Dosmukhambetov said at the government meeting, Kazakh media outlets reported.
"Production of oil at Kazakhstan’s three major oil fields amounted to 22.7 million tons, including 5 million tons at Kashagan field, 12.5 million tons at Tengiz field and 5.2 million tons at Karachaganak field," said Dosmukhambetov.
He added that the oil exports, in the mentioned period, amounted to 30.6 million tons of oil, which is 5.7 percent more compared to the same period of the previous year.
In 2017 Kazakhstan increased oil and gas condensate production by 10.5 percent to 86.202 million tons.
The government of Kazakhstan forecasts that in 2018 oil and condensate production will amount to 87 million tons.
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