Kazakhstan Expects Production of Oil Condensate at 112 mn Tons
OREANDA-NEWS. May 29, 2014. Gross production of oil condensate is expected to reach about 112 million tons per year by 2030. It has been reported by the Minister of Oil and Gas Uzakbai Karabalin at a briefing in Central Communications Service under the President.
"Last year, this figure was 81.8 million tons," U. Karabalin said.
At the same time, the Minister said that according to the Concept of the fuel and energy complex development, special attention will be paid to the processing area of the republic and to bring the volume of oil refining up to 20 million tons per year by 2030.
As U. Karabalin noted current processing rate is 14 million tons per year.
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