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Current rate of oil production will allow to exceed annual plan of 89 million tons — Ministry of Energy

Wednesday, 02 October 2019, 16:06:55

Today, at a briefing at the press center of the Government, the First Deputy Minister of Energy Makhambet Dosmukhambetov spoke about the main indicators of the development of the oil and gas industry.

As noted by Dosmukhambetov, the development of the oil and gas industry shows a positive trend. This year, the oil production plan is 89 million tons.

For 9 months, 66.8 million tons were produced. Of these, 40.6 million tons were produced in three large projects: 10.1 million tons in Kashagan, 22 million tons in Tengiz, and 8.5 million tons in Karachaganak.

Overhauls at Kashagan and Tengiz fields have been successfully completed. Overhaul at the main production facilities at Karachaganak began on Sep. 15, 2011. Production was completely stopped. The processing complex, gas re-injection compressors, gas treatment plants are being repaired. The work is scheduled to be completed on Oct. 13.

“It is expected that the current rate of oil production will allow us to produce more than 89 million tons of oil,” Dosmukhambetov said.

In the field of petroleum product manufacturing, due to the completion of the modernization of oil refineries in 2018, the capacity and depth of processing increased.

The volume of oil refining at three plants amounted to 12.7 million tons with an increase of 5% compared to last year. Compared to the previous year, the production of petroleum products increased by 14% in gasoline, by 11% in diesel fuel, and by more than 2 times in aviation fuel.

Gas production amounted to 41.9 billion m3. Commodity gas production — 24.7 billion m3. According to the Ministry of Energy of the Republic of Kazakhstan, unjustified growth in the wholesale market is not allowed, which helps to maintain gas price stability for the population.

In the petrochemical sector, bitumen production amounted to 702 thousand tons. The volume of production fully meets the needs of the country's road industry. The plan for 2019 is 767 thousand tons. At the Atyrau refinery for 9 months of this year, 107 thousand tons of aromatic hydrocarbons (benzene, paraxylene) were produced. These products are export-oriented. The plan for 2019 is 180 thousand tons. In August of this year, a plant for the production of lubricants in the Almaty region with a capacity of 100 thousand tons / year was put into operation. Production will make it possible to close the domestic market demand for lubricants, as well as export to neighboring countries.


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