BAKU, Azerbaijan, August 2
By Nargiz Sadikhova - Trend:
The volume of sales of own produced oil and gas condensate of Kazakhstan’s KazMunayGas (KMG) National Company decreased by 5.7 percent in the first half of 2021 compared to the same period of last year and amounted to 10.7 million tons, of which 64.8 percent was exported.
Supplies to the domestic market of own produced oil and gas condensate amounted to 3.8 million tons, including supplies of crude oil from operating assets (Ozenmunaigas, Embamunaigas, Kazakhturkmunai and Urikhtau Operating) in the amount of 2.08 million tons to the Atyrau and Pavlodar refineries for further oil refining and sale of oil products.
Sales of marketable gas in the first half of 2021 increased by 2.9 percent compared to the first half of 2020 and amounted to 12.1 billion cubic meters mainly due to increase in domestic consumption.
Export of commercial gas reached 3.5 billion cubic meters, of which 95 percent was exported to China. Compared to the same period in 2020, there is a decrease in gas export volumes by 16 percent due to decrease in supply to Russia and China.
In turn, the total refining volume compared to the first half of 2020 increased by 17.1 percent and amounted to 9.7 million tons:
- Refining volumes at Kazakh refineries decreased by 12.8 percent and amounted to 6.7 million tons. The increase happened due to an increase in the volume of refining at Pavlodar refinery, where overhaul this year is planned in the second half of the year, while last year, scheduled repairs were carried out in April-May. Along with this, at Pavlodar refinery in the first half of 2020, refining volumes were lower due to a decrease in demand for oil products in the domestic market;
- The volume of refining at the KMG International refineries (Petromidia, Vega) in Romania amounted to 2.9 million tons, which is 28.4 percent higher than in the first half of last year. The growth was due to the overhaul carried out at Petromidia in the first half of last year with the plant shutdown for the period of repair, as well as with a decrease in demand for oil products in the market.
In the first half of 2021, the volume of oil product production at Kazakh and Romanian refineries increased by 17.8 percent and amounted to 9.007 million tons demonstrating continued stable recovery in demand for oil products to pre-pandemic levels:
- Kazakh refineries produced 6.1 million tons of oil products, which is 14.2 percent more than the first half of last year;
- Plants of KMG International (Petromidia, Vega) produced 2.8 million tons of oil products, which is 26.6 percent higher than in the first half of 2020.