Kyzylorda rgn to deplete oil in 10-15 years, governor
13:00, 7 November 2014
ASTANA. KAZINFORM "The Kumkol oilfield resources will be depleted in the next 10-15 years to come," Governor of the Kyzylorda region Krymbek Kusherbayev told at today's briefing at the Central Communications Service in Astana.
According to him, extractable resources of the region's largest oilfield are estimated at just 126 mln tons while its annual oil production hit 10 mn tons. "If we don't change the economic structure now and don't take urgent economic diversification measures we will sentence the region to face great problems then. That's why the President's industrial and innovation program is the only way out to change the structure and develop the region," he stressed.