BAKU, Azerbaijan, Oct. 30
By Nargiz Sadikhova - Trend:
Oil transportation volume through the trunk pipelines of Kazakhstan’s KazMunayGas National Company (KMG) decreased by 4.6 percent year-on-year to 48.01 million tons, Trend reports citing KMG.
The company said the decrease is attributable to the limited oil supply from CNPC Aktobemunaigas JSC due to finding and crucial excess of organochlorine compounds in oil in January 2020, the decrease in oil supply from oil companies operating the Kumkol group of fields, affected by the natural decline in oil production, and restrictions under OPEC+ agreement.
In turn, offshore oil transportation decreased by 13.9 percent to 7.2 million tons, affected by lower volumes in the Mediterranean Sea as a result of delays in anticipation of loading, as well as adverse weather conditions.
Gas transportation through KMG’s gas pipelines also decreased by 14.7 percent to 63.4 billion cubic meters.
“The decline is mainly attributable to lower Central Asian gas transit volumes to China, lower transit volumes of Russian gas from PJSC Gazprom through the territory of Kazakhstan, a decrease in export supplies of Karachaganak gas to Russia, and lower export volumes of Tengiz gas due to a decline in its production,” the company said.
In the nine months of 2020, the sales volume of KMG's own produced oil and gas condensate decreased by 4.5 percent year-on-year to 17.01 million tons, of which 71 percent was exported.
The domestic supply of own produced oil and gas condensate amounted to 4.9 million tons, including crude oil supplies from KMG-operated assets (JSC OzenMunayGas, JSC EmbaMunayGas, and Kazakhturkmunay LLP) in the amount of 2.5 million tons to Atyrau and Pavlodar refineries for further oil refining and sale of oil products.
Gas sales slightly decreased by 1.5 percent year-on-year to 15.4 billion cubic meters. Exports of sales gas reached 5.9 billion cubic meters, of which 88 percent was exported to China under the agreement dated in October 2018 on the supply of natural gas to China in the amount of up to 10 billion cubic meters. Because of the pandemic in the nine months of 2020, gas exports to China were below the planned volumes, however, actual export volumes unchanged compared to nine months of last year.
National Company KazMunayGas is a Kazakh operator for exploration, production, processing, and transportation of hydrocarbons, representing the interests of the state in the oil and gas industry of Kazakhstan.
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