This was stated today by First Deputy Minister of Energy Makhambet Dosmukhambetov, reporting on the results of the agency's work for five months of 2018 at the meeting of the Government of the Republic of Kazakhstan chaired by Prime Minister Bakytzhan Sagintayev.

According to the Deputy Minister, the volume of oil and condensate production amounted to 37.7 million tonnes, which is an increase of 6.4% compared to the same period in 2017. At the same time, oil production at three major fields amounted to 22.7 million tonnes, including Kashagan field – 5 million tonnes, Tengiz - 12.5 million tonnes, Karachaganak - 5.2 million tonnes.

30.6 million tonnes of oil were exported, or 105.7% of the same period in 2017. 6.3 million tonnes of oil were processed, which is 6.2% more than in the corresponding period last year.

“The volume of production of petroleum products at three refineries amounted to 4.4 million tonnes, or 1.5% compared with the same period in 2017. Overall, the oil market situation is stable and there is no deficit of fuel,” – M. Dosmukhambetov stated.

Within the approved schedule of diesel fuel supply for spring field work in accordance with the request of the Ministry of Agriculture, the demand is fully met.

In five months of the year, 23.4 billion cubic meters of gas were produced, which is an increase of 6.4% over the same period in 2017. Gas exports amounted to 8.6 billion cubic meters, which is 28.4% more compared to the same period in 2017. 1.3 million tonnes of liquefied petroleum gas were produced, which is also 4.7% higher than last year's level. According to the Ministry of Energy, 46.4 billion kWh of electricity were generated, which is 7.7% more compared to the same period in 2017. The volume of coal production (excluding coal concentrate) amounted to 44.5 million tonnes or 4.5% more than last year.

“The fuel and energy industry continues its dynamic development. Achievement of key indicators is closely monitored by the Ministry,” – M. Dosmukhambetov said.

www.primeminister.kz

Published: 12 June 2018

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