ASTANA, Kazakhstan, November 3. Kazakhstan can increase oil supplies to China to 10 million tons per year, said Energy Minister Almassadam Satkaliyev, Trend reports.
"Kazakhstan exports small amounts of oil to China. This year, export volumes amounted to 1 million tons. We have additional export capabilities," he said.
According to him, it depends on the expansion of oil pipelines.
"We are talking about the availability of free capacity on the pipeline to China, as well as the implementation of projects together with Chinese partners to expand sections of the Kenkiyak-Atyrau and Kenkiyak-Kumkol main oil pipeline. These projects will allow us to supply oil to China from the western regions," he said.
From January through September 2023, KazTransOil JSC transported 13.9 million tons of oil via the Kazakh-Chinese oil pipeline, which is 345,000 tons less than in the same period in 2022. Most of the volumes came from Russian oil transiting through Kazakhstan to China.
The volume of oil production in 2022 in Kazakhstan amounted to 84.2 million tons, or 101.6 percent of the planned figure.
The Tengiz field produced 29.2 million tons of oil, or 100 percent of the 2022 plan. Oil production at the Karachaganak field amounted to 11.3 million tons - 103.8 percent of the plan. At Kashagan, oil production amounted to 12.7 million tons - 109.5 percent.
Oil exports in 2022 reached 64.3 million tons, or 103.4 percent of the plan.
Kazakhstan also plans to produce 90.5 million tons of oil in 2023, of which 71 million are planned to be exported.
The volume of oil production in Kazakhstan at the end of 2021 amounted to 85.9 million tons, in 2020 - 85.7 million tons.