Since the beginning of the year,
Kazakhstan has increased oil and gas condensate production to 82 million
tonnes, an eight percent increase compared to last year. Over 64 million tonnes
of oil and more than five billion cubic meters of natural gas were exported in
2023. Domestic refineries surpassed their target by producing over 11 million
tonnes of petroleum products in the first 10 months of this year. It is planned
to produce 13.5 million tonnes of gasoline and other fuel types this year. The
Kazakh Energy Ministry summed up the results of the oil and gas industry.
“To date, over 50 million tonnes
of Kazakh oil have already been transported. As part of developing alternative
routes, particularly an international transport corridor, we have facilitated the
shipment of 1.5 million tonnes of oil per year through the Baku-Tbilisi-Ceyhan
pipeline system. Also, negotiations with Azerbaijani counterparts are underway
on transporting Kazakh oil through the Baku-Supsa pipeline,” said Kazakh Energy
Minister Almasadam Satkaliyev.
The large Rozhkovskoye gas
condensate field, which was put into operation in the West Kazakhstan region
this year, will become a source of additional natural gas volumes. It is
planned to produce over 14 billion cubic meters of raw gas and seven million
tonnes of condensate at that field by 2040. In 2023, the Aksai South and Eastern
Urikhtau fields were also commissioned. Regarding investments in geological
exploration, five contracts for subsoil use were signed for $9 billion. Moreover,
this year, the country concluded agreements for the supply of natural uranium
with energy companies from the United Arab Emirates and China.