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Kazakhstan reduces oil output

Kazakhstan Materials 12 May 2016 22:45 (UTC +04:00)
Kazakhstan reduced the output of oil and gas condensate by 2.7 percent in January-April 2016 as compared to the same period of 2015.
Kazakhstan reduces oil output

Baku, Azerbaijan, May 12

By Elena Kosolapova - Trend:

Kazakhstan reduced the output of oil and gas condensate by 2.7 percent in January-April 2016 as compared to the same period of 2015, Kazakh Committee on Statistics said.

In total, Kazakhstan produced 26.2 million tons of oil and gas condensate during the reporting period.

The country produced 79.46 million tons of oil and gas condensate in 2015 that is by 1.7 percent less than in 2014.

Currently, Kazakhstan plans to produce 74 million tons of oil in 2016.

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