Kazakhstan’s oil industry gradually increases its capacity

TENGIZCHEVRONOIL

The Tengiz field, according to the standards of specialists, has produced almost a third of oil from the total annual volume - 25.9 million tons. Today there is a systematic and focused work on a new expansion project.

Kashagan, contributed to the overall oil production; 12 million tons of oil were produced here in the first 11 months, which is almost 21 percent higher than planned.


ASTANA - With Kazakhstan in the process of creating an export-oriented, non-commodity-focused economy, the domestic oil industry has been. and remains the main supplier of profits to the state treasury.

Central Asia experts characterise 2018 as a period of increasing capacity, both in oil and gas production and in the development of its pipeline system to increase deliveries for export.

According to Kazakhstan’s Ministry of Energy, the volume of oil production regarding the results of the ...


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