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Eni sees growth in natural gas production in Kazakhstan in 2023

Kazakhstan Materials 29 February 2024 00:21 (UTC +04:00)
Eni sees growth in natural gas production in Kazakhstan in 2023
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, February 29. The Italian Eni's production of natural gas in Kazakhstan amounted to 225 mmcf/d (million standard cubic feet per day) from January through December 2023, Trend reports.

According to Eni production results, in the same period in 2022, this figure was 199 mmcf/d.

In addition, natural gas production in Kazakhstan in the fourth quarter amounted to 292 mmcf/d, which is 43 percent more than the same period in 2022 (204 mmcf/d).

At the same time, production volume for the fourth quarter of 2023 increased compared to the third quarter. Thus, in the third quarter of 2023, production amounted to 222 mmcf/d.

Meanwhile, Eni's hydrocarbon production in 4Q2023 averaged 1.71 million barrels of oil equivalent per day (boe/d). This marked an increase of 6 percent year-on-year (1.6 boe/d in 4Q2022).

For the full 2023 fiscal year, Eni saw a slight increase of 3 percent in its hydrocarbon production to 1.66 million boe/d, compared to the 2022 fiscal year (1.61 boe/d).

Furthermore, gas production volume in Kazakhstan amounted to 59.1 billion cubic meters in 2023. The volume of liquefied petroleum gas production at the end of 2023 amounted to 2.95 million tons, and consumption was 1.8 million tons. In addition, in 2024, 60.5 billion cubic meters of gas are expected to be produced in the country. The forecast for 2024 for liquefied petroleum gas production is 2.95 million tons, and consumption is 2.1 million tons.

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