Kazakhstan ups oil, gas, coal and electricity production in H1 2018


ASTANA (TCA) — At the Government meeting on July 10, Kazakhstan’s Minister of Energy Kanat Bozumbayev reported that in the first half of 2018, the country’s oil and condensate production amounted to 45.2 million tons, an increase of 6.2% compared to the same period last year, the official website of the Prime Minister of Kazakhstan reported.

“Oil production at the three major projects amounted to 27.2 million tons, including Kashagan — 6.2 million tons (177.1%), Tengiz — 14.7 million tons (100.7%), Karachaganak — 6.3 million tons (100%),” Bozumbayev said.

Export of oil amounted to 36.5 million tons or 105.8% compared to the last year’s indicators. The volume of oil processing reached 7.7 million tons, showing an increase of 5%.

“In general, the situation on the market of petroleum products is stable and there is no deficit of fuel,” said Bozumbayev.

For spring sowing of agricultural producers, 375 thousand tons of fuel was delivered (from the Atyrau Refinery — 92.3 thousand tons, from Pavlodar Refinery — 195.6 thousand tons, and from PetroKazakhstan refinery — 87.1 thousand tons).

The volume of natural gas production was 28.1 billion cubic meters, with a growth for the first half of the year at 6.4%.

“Gas export amounted to 10.7 billion cubic meters, which is 35.4% more than in the previous year. Nearly 1.5 million tons of liquefied petroleum gas was produced, which is 4.8% more,” Bozumbayev emphasized.

Electricity generation amounted to 54.5 billion kWh, an increase of 7.3% on-year. The volume of coal production (excluding coal concentrate) amounted to 52 million tons, showing an increase of 5.1% compared to the same period last year.

Sergey Kwan