Seoul pins hopes on Moscow in resolving tensions on Korean PeninsulaWorld May 26, 9:14
Space technologies offer glimpse at Tsar Ivan the Terrible’s rare portraitSociety & Culture May 26, 8:05
Meteorologists name world’s deadliest cyclones, tornadoes and hailstormsWorld May 26, 7:51
Most Americans view Russia as unfriendly country — surveySociety & Culture May 26, 7:35
Trump yet to determine his stance on anti-Russian sanctionsWorld May 26, 6:29
Russia ensuring rights of workers at FIFA World Cup construction sitesSport May 26, 3:08
Russian emergencies minister arrives in flood-hit southern RussiaWorld May 26, 2:56
NATO to join anti-IS coalition but unlikely to engage in combatWorld May 26, 0:23
Son of LUKOIL corporation co-owner tops list of Russia's richest legateesBusiness & Economy May 26, 0:23
ASTANA, October 2 (Itar-Tass) —— The Kazakhstani National Petroleum Company KazMunaiGaz plans to raise its production of oil and gas condensate from the current level of 21.9 million tonnes to 35.4 million tonnes by 2022, Company CEO Lyazzat Kiinov said at the Seventh Eurasian KazEnergy Forum, which opened here on Tuesday.
In his words, “even under the most pessimistic scenario and possible decline of the world’s prices, the plans will be implemented.”
The consolidated reserves of KazMunaiGaz are expected to reach 1.5 billion tonnes by 2022, Kiinov said.
The Seventh Eurasian KazEnergy Forum is devoted to the development of global partnership in the spheres of energy and security, geological surveys, oil processing and petroleum chemistry, as well as renewable energy resources and the atomic energy area.
Taking part in the forum are more than 100 delegates from 60 countries. Among the participants in the forum are Kazakhstani Prime Minister Serik Akhmetov, ministers and heads of the national companies Kazatomprom and KazMunaiGaz.
The participants in the forum was planned to hear reports of Italy’s ENI CEO Paolo Scaroni, the US’ Exxon Mobil Senior Vice President Mark Albers, France’s Total senior vice president for the countries of continental Europe and Central Asia, as well as several experts from the world’s leading energy research agencies.
Director General of the Russian Energy Company Sergei Ivanov heads the Russian delegation, which embraces representatives of the country’s petroleum and mining companies operating in Kazakhstan.