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Kazakhstan gets $26 bln revenue from oil industry

Oil&Gas Materials 16 January 2012 15:31 (UTC +04:00)
Kazakh Government’s revenue from oil industry made up 3.8 trillion tenge ($25.65 billion) in 2011

Azerbaijan, Baku, Jan. 16 / Trend E. Kosolapova/

Kazakh Government's revenue from oil industry made up 3.8 trillion tenge ($25.65 billion) in 2011, Deputy Finance Minister Ruslan Dalenov said.

"Government got 3.8 trillion tenge of income from oil industry in 2011," Dalenov wrote on his official page in Twitter.

According to BP, Kazakhstan's proven oil reserves made up 5.5 billion tons (39.8 billion barrels) in early 2011. The country produced 80 million tons of oil in 2011.

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