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BP: Kazakhstan increases oil and gas production

Oil&Gas Materials 9 June 2010 18:06 (UTC +04:00)

Azerbaijan, Baku, June 8 / Trend E.Ismayilov /

As of Jan.1, 2010, Kazakhstan's proved oil reserves are estimated at 5.3 billion tons (39.8 billion barrels), which is similar to estimates for Jan.1, 2009, BP's World Energy Outlook 2010 says.

Based on the information, Kazakhstan extracted 78 million tons of oil (about 1.7 million barrels per day) in 2009 compared to 72 million tons (1.55 million barrels per day) in 2008.

The volume of oil consumption in the country reached 12 million tons in 2009 compared to 12.4 million tons in 2008. Average daily oil consumption in the country amounted to 260,000 barrels compared to 263,000 barrels in 2008.

According to BP's report, as of Jan.1, 2010, Kazakhstan's proved gas reserves hit 1.82 trillion cubic meters, which is similar to estimates for Jan.1, 2009.

Kazakhstan produced 32.2 billion cubic meters of gas compared to 29.8 billion cubic meters in 2008.

Gas consumption in the country amounted to 19.6 billion cubic meters in 2009 compared to 20.1 billion cubic meters in 2008.

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