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BP reduces estimations of Kazakhstan's proved gas reserves

Oil&Gas Materials 11 June 2009 15:55 (UTC +04:00)

Azerbaijan, Baku, June 11 / Trend , A. Badalova/

As of Jan. 1, 2009, Kazakhstan's proved gas reserves totaled 1.82 trillion cubic meters, 30 trillion cubic meters less than the figure of early 2008, BP world energy outlook said.

According to the BP estimations, Kazakhstan's proved gas reserves made up 1 percent of world gas reserves as of early 2009.  

Kazakhstan's gas output totaled 30.2 billion cubic meters in 2008, a rise of 13.9 percent from 2007.

Kazakhstan's gas consumption increased 5.1 percent and totaled 20.6 billion cubic meters in 2008.

As of Jan. 1, 2009, Kazakhstan's proved oil reserves were 39.8 billion barrels, which coincides with the BP estimations. Kazakhstan's proved oil reserves made up 3.2 percent of world oil reserves in early 2009.  

Kazakhstan's oil output was 1.554 million barrels per day in 2008, 5.1 percent more than the figure of 2007. 

Oil consumption increased 6.4 percent and totaled 229,000 barrels per day in 2008, the BP outlook said. 

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