KMG to produce 22 mln tons of oil in 2011

ASTANA. January 24. KAZINFORM /Kanat Kulshmanov/ KazMunayGas National Company JSC plans to produce over 22 mln tons of oil this year, the press service of the Company informs.

photo: QAZINFORM

"In accordance with a production plan, in 2011 the Company plans to extract more than 22.1 mln tons of oil, to transport 64.2 mln tons of oil via main pipelines and 10.2 mln tons - via the sea. It also plans to increase its natural gas transportation up to 101.7 bln cubic meters and refine 15.3 mln tons of crude", a press release reads.

As earlier reported, the consolidated volume of oil and gas condensate output in 2010 made 22 mln tons that is 4% higher than in the plan and 17% more compared to 2009.