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Kazakhstan sets up priorities for energy sector dev't in 2021

Oil&Gas Materials 26 January 2021 13:45
Kazakhstan sets up priorities for energy sector dev't in 2021

BAKU, Azerbaijan, Jan. 26

By Nargiz Sadikhova - Trend:

Kazakhstan has extracted 85.7 million tons of crude oil and 55.2 billion cubic meters of gas in 2020 taking into account the country’s liabilities within the OPEC+ agreement, Kazakhstan’s Prime Minister Askar Mamin said, Trend reports citing the press office of the government.

Mamin made the statement during an expanded meeting of the government chaired by the President of Kazakhstan Kassym Jomart Tokayev.

Mamin noted that the work on increase of extraction and processing volumes of fuel and energy resources will be continued in 2021, taking into account the 2021 plan for oil and gas extraction at 86 million tons and 55.8 billion cubic meters respectively.

He added that the construction of a gas processing plant at Kashagan oil and gas field will begin, as well as the project for the expansion of the Caspian Pipeline Consortium oil pipeline capacities, a gas re-injection compressor within the framework of the Karachaganak expansion project, the construction of a plant for the production of catalytic cracking catalysts.

At the same time, projects such as construction of an integrated gas chemical complex, plant for production of octane-boosting additives, reverse of the Kenkiyak-Atyrau oil pipeline, plant for production of fuel assemblies for nuclear reactors, and commissioning of 23 renewable energy facilities will be completed.

Overall, an increase in the volume of production of petrochemical products by 12 percent is to be insured in 2021. One of the strategic tasks will be is to build up the non-resource sector.

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