BAKU, Azerbaijan, Feb. 4
By Nargiz Sadikhova - Trend:
Kazakhstan’s KazMunayGas National Oil and Gas company has made several achievements in the production area in 2020, Trend reports citing the company.
In particular, two wells were put into pilot operation at Eastern Urikhtau field as part of phase one. In case of a full-scale implementation of the project, the expected production may reach 1.5 billion cubic meters of gas and 500,000 tons of oil per year. Oil free-flowing was achieved at exploration block Bekturly East in Mangystau Region and at S. Nurzhanov field in Atyrau Region.
Positive changes were also observed in oil processing and petrochemistry. Last year saw improved indicators of the light oil products yield, the depth of processing at the three oil refineries increased on average to 84.4 percent (from 86.3 percent to 87.2 percent at the Pavlodar Oil Chemistry Refinery, from 75 percent to 77.2 percent at Atyrau refinery, from 84.8 percent to 90.1 percent at the Shymkent Refinery).
Significant progress was made in the construction of a gas and chemical complex in Atyrau Region, which in 2020 increased from 53 percent to 80 percent.
“Despite the quarantine and suspended transport communications, we ensured an uninterrupted performance of construction-and-assembly works at the site, delivery of cargo and materials from abroad,” the company said.
KazMunayGas (KMG) National Company is the Kazakhstan operator for exploration, production, refining, and transportation of hydrocarbons, representing the state interests in the oil and gas industry of Kazakhstan.
---
Follow the author on Twitter: @nargiz_sadikh