Azerbaijan, Baku, Dec. 7 / Trend A. Badalova /
OPEC forecasts an increase in supply of liquid hydrocarbons by Kazakhstan from 1.5 million barrels per day in 2009 up to 2 million bpd in 2014.
According to the OPEC report-2010 on the prospects of the oil market, the volume of liquid hydrocarbons delivered by Kazakhstan in 2010 will hit 1,6 million barrels per day, in 2011 - 1.7 million, 2012 and 2013 - 1.8 million barrels per day.
The expected growth in extracting liquid hydrocarbons will be mainly the result of expanding fields Tengiz and Karachaganak.
It is expected that gas production at the Tengiz field will increase up to 750,000 bpd by 2011 - early 2012, OPEC said.
OPEC forecasts an increase in liquid hydrocarbons by Kazakhstan to more than 3 million barrels per day by 2030. By this time the fields Karachaganak and Kashagan will reach the last phase of development.
According to BP, the proven oil reserves in Kazakhstan amounted to 39.8 billion barrels in early 2010, the proven gas reserves - 1,82 trillion cubic meters.
Tengiz field in western Kazakhstan was opened in 1979. It is one of the deepest and largest oil fields in the world. In April 1993, Tengizchevroil was created after the Kazakh government and Chevron signed the agreemeent. At present, its partners are: Chevron - 50 percent, KMG - 20 percent, ExxonMobil - 25 percent and LukArko - 5 percent.
"Karachanag" field in north-western Kazakhstan was opened in 1979. It is one of the largest gas condensate deposits in the world. Its estimated initial reserves of hydrocarbons hit 9 billion barrels of condensate and 1.37 trillion cubic meters of gas.
Kashagan is one of the largest deposits in the world, opened for the last 30 years with geological oil reserves of 4.8 billion tons. Partner-companies on Kashagan project are Eni, KMG Kashagan BV (subsidiary KMG), Total, ExxonMobil, Royal Dutch Shell each have 16.81 percent stake, ConocoPhillips - 8,4 percent, Inpex - 7,56 percent. The joint operating company NCOC is a participant of the project.