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Kazakhstan's national oil&gas company reports lower annual oil transportation volumes

Oil&Gas Materials 25 February 2021 15:39
Kazakhstan's national oil&gas company reports lower annual oil transportation volumes

BAKU, Azerbaijan, Feb. 25

By Nargiz Saikhova - Trend:

Volumes of oil transportation through pipeline and sea by Kazakhstan’s KazMunayGas National Company decreased by 6.3 percent to 73.1 million tons in 2020, Trend reports citing the company.

The volume of oil transportation through the trunk pipelines decreased by 4.7 percent year-on-year to 64.1 million tons. The decrease is attributable to the limited oil supply from CNPC Aktobemunaigas JSC due to finding and crucial excess of organochlorine compounds in oil, 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.

“Offshore oil transportation decreased by 16.2 percent to 8.9 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,” the company said.

Gas transportation through KMG’s gas pipelines decreased by 16.3 percent to 86.5 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 2020, the sales volume of KMG's own produced oil and gas condensate decreased by 7.6 percent year-on-year to 22.01 million tons, of which 68.9 percent was exported.

The domestic supply of own produced oil and gas condensate amounted to 6.8 million tons, including crude oil supplies from KMG-operated assets (OzenMunayGas, EmbaMunayGas, Kazakhturkmunay and Urikhtau Operating) in the amount of 3.5 million tons to Atyrau and Pavlodar refineries for further oil refining and sale of oil products.

Gas sales slightly decreased by 0.7 percent year-on-year to 22.6 billion cubic meters. Exports of sales gas reached 7.8 billion cubic meters, of which 89.3 percent was exported to China.

“Because of the pandemic in 2020, gas exports to China were below the planned volumes, however, actual export volumes unchanged compared to last year,” 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.

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