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Kazakhstan’s oil production grows 14 % over year

Oil production in Kazakhstan increased by 14 % over the year with daily production reaching 1.7 billion barrels of oil, according to the latest report published by energyprom.kz

Kazakhstan’s oil production grows 14 % over year

Nur-Sultan, March 14 - Neftegaz.RU. Kazakhstan produced 6.7 million tons of crude oil in January, 14.2 % more than a year earlier.

By region, the largest volume of production is in the country’s Atyrau Region which is rich with hydrocarbon reserves – 4.6 million tons, an increase of 23.4 %.
After Atyrau, there are the Mangistau Region – 1.4 million tons and the Aktobe Region – 395,500 tons.

In total, between January and December 2021, the enterprises produced 73.7 million tons of crude oil.

According to Worldometers data, Kazakhstan ranked 18th out of 127 countries in terms of daily oil production in 2022.
The leaders in the ratings are the United States, Saudi Arabia and Russia.

Among CIS (Commonwealth of Independent States) countries, Kazakhstan is 2nd only to Russia.
Azerbaijan produces 843.5 million barrels of oil, Turkmenistan – 266.4 million barrels, Uzbekistan – 71.5 million barrels, Belarus – 32.6 million barrels, Kyrgyzstan – 972,000 barrels, Tajikistan – 173,000 barrels.

Oil & gas are among Kazakhstan’s key exports.
In this period, the country exported 65.7 million tons of crude oil worth $31.1 billion.
Only 131,600 tonnes of crude oil worth $54.6 million were exported to the CIS region, primarily Russia and Uzbekistan.

Another 65.6 million tons of crude oil worth $31 billion were exported to other countries.
Italy, the Netherlands, France, China, and Turkey top the list of Kazakh oil importers.

Source : Neftegaz.RU


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