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In Kazakhstan's oil and gas condensate production will amount to about 83 mln tonnes

February 02, 2012, 10:53 UTC+3
This year's production of oil and gas condensate in the Republic of Kazakhstan will amount to about 83 million tonnes
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ASTANA, February 2 (Itar-Tass) — This year's production of oil and gas condensate in the Republic of Kazakhstan will amount to about 83 million tonnes, Minister of Oil and Gas Sauat Mynbayev told a meeting of the Republican Ministry Board here on Thursday.

"Strategic plans for 2012 envision production at 83 million tonnes," Mynbayev said. In so doing, the Minister pointed out that the production amount would be "somewhat lesser than that", since "there are objective reasons for a production downturn at a number of enterprises". Mynbayev recalled that last year's production of oil and gas condensate in Kazakhstan was below the planned amount, which was brought about by "the known reasons". He referred to strikes called by the personnel of some oil producing enterprises in the west of the country. "A number of enterprises, such as Ozenmunaigas (a subdivision of the Kazmunaigas Company) registered lower production by more than 19 percent as compared with the amount planned for 2011," Mynbayev said. He pointed out that the TerngizChevroil production also diminished in December of last year owing to an emergency shutdown.

According to the Ministry data, the aggregate amount of the oil and gas condensate produced in 2011 was 80.1 million tonnes, or 0.5 percent more than that in 2010.

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