Kazakhstan's oil production jumps by over 4 percent
Azerbaijan, Baku, June 26 / Trend A.Badalova /
Oil production in Kazakhstan increased by 4.4 percent up to 1.757 million barrels per day in 2010, BP Statistical Review of World Energy 2011 reads. Kazakhstan's share in global oil production was 2.1 percent in 2010.
According to BP, Kazakhstan's oil production was 1.688 million bpd in 2009 and 744,000 bpd in 2010.
Kazakhstan's oil demand increased by 3.2 percent up to 262,000 bpd in 2010 compared to 253,000 bpd in 2009 and 162,000 bpd in 2000.
According to BP, the country's proven oil reserves amounted to 39.8 billion barrels as of early 2011, which is similar to the estimates for early 2010 and 14.8 billion barrels more compared to 2001.
Kazakhstan's proven gas reserves estimated at 1.8 trillion cubic meters as of early 2011, which makes up one percent of the world's proven gas reserves.
Kazakhstan's gas production increased by 3.3 percent to 33.6 billion cubic meters of gas in 2010, BP said. Gas demand in Kazakhstan was 25.3 billion cubic meters in 2010 compared to 24.5 billion in 2009 and 9.5 billion cubic meters in 2000.