Kazakhstan reveals Oct. 31 oil & gas output
Baku, Azerbaijan, Nov. 1
By Elena Kosolapova - Trend:
Kazakhstan produced 229,400 tons of oil and gas condensate on Oct. 31, according to Kazakh energy ministry.
Gas production hit 144.6 million cubic meters on Oct. 31.
Daily oil processing hit 29,500 tons in Kazakhstan.
Oil production in Kazakhstan hit 79.46 million tons in 2015 (1.7 percent decrease compared to 2014). In 2016 Kazakhstan plans to produce 74 million tons of oil. Gas production increased by 5.2 percent to 43.71 billion cubic meters in 2015.
Kazakhstan's proven oil reserves as of early 2016 stood at 30 billion barrels, according to the BP Statistical Review of World Energy.
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