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Kazakhstan cuts oil production

Kazakhstan Materials 19 January 2016 16:33 (UTC +04:00)
Kazakhstan produced 79.5 million tons of oil in 2015, including gas condensate, which is 1.7 percent less than in 2014.
Kazakhstan cuts oil production

Baku, Azerbaijan, Jan. 19

By Elena Kosolapova - Trend:

Kazakhstan produced 79.5 million tons of oil in 2015, including gas condensate, which is 1.7 percent less than in 2014, the Statistics Committee of the Kazakh National Economy Ministry said.

Gasoline production decreased by 4.9 percent - up to 2.9 million tons in 2015 in Kazakhstan.

Production of gas oil (diesel) decreased by 9.6 percent - up to 4.6 million tons in the reporting period.

Earlier, Kazakhstan's Energy Minister Vladimir Shkolnik said that oil production is planned to reach 77 million tons in 2016.

The proven oil reserves in Kazakhstan amounted to 30 billion barrels at the beginning of 2015, according to BP's statistical review.

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