Kazakh minister: Kazakhstan plans to increase oil production and export by 2020
Kazakhstan, Astana, Oct. 5 / Trend S.Suleymanov /
Kazakhstan will export 80 million tons of oil per year beginning from 2020, Kazakh Oil and Gas Minister Sauat Mynbayev said on Tuesday at the fifth Eurasian forum "KAZENERGY" in Astana.
He said the country will follow these export volumes within 40 years.
In turn, the annual volume of oil production will amount to 130 million tons beginning from 2020, Mynbayev said.
The estimated figure of the oil production for this year amounts to 81 million tons, he said.
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