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National oil company of Kazakhstan increases oil refining

Oil&Gas Materials 7 June 2019 17:42 (UTC +04:00)

Baku, Azerbaijan, June 7

By Nargiz Sadikhova - Trend:

In 1Q2019 the oil refining volume of Kazakh National oil company KazMunayGas increased by 1.1 percent compared to the same period of last year and amounted to 4.901 million tons, Trend reports via the press office of the company.

In 1Q2019 the refining volume at Kazakhstan refineries increased by two percent compared to the same period of the previous year and equaled 3.306 million tons.

During the reporting period the oil products manufacturing increased by 0.9 percent and stood at 4.597 million tons.

Furthermore, oil products manufacturing at Kazakh refineries increased by 1.7 percent and amounted to 3.038 million tons.

The oil products manufacturing at refineries decreased by 0.6 percent and equaled 1.559 million tons.

During 1Q2019, KazMunayGaz's percentage of sale of oil and condensate manufactured by KazMunayGaz increased by 1.8 percent and amounted to 5.922 million tons including 4.322 million of export-oriented tons of goods.

Kazakhstan's own produced crude oil sales to domestic market slightly decreased by 0.7 percent compared to the same period of last year and equaled 1.600 million tons, including 714,000 tons of crude oil export volume to refineries for further oil products sale.

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