Baku, TurkicWorld:
The volume of oil and gas condensate production in Kazakhstan amounted to 44.6 million tons from January through June 2024, TurkicWorld reports, citing the country's Bureau of National Statistics.
Thus, production volume decreased by 1.8 percent compared to the same period in 2023 (45.4 million tons).
At the same time, the volume of oil production amounted to 38.4 million tons, which is 2.1 percent less than in the first quarter of 2023 (39.2 million tons).
In addition, the production of gas condensate compared to the first quarter of 2023 decreased by 0.1 percent and amounted to 6.24 million tons. From January through June 2023, 6.25 million tons were produced.
Furthermore, Kazakhstan produced 90 million tons of oil in 2023, which is 6.9 percent higher than in 2022. Oil exports also increased and amounted to 70.5 million tons, which is 9.6 percent more than the previous year. Moreover, Kazakhstan plans to increase oil production in 2024 to 90.3 million tons.
In 2023, gas production in Kazakhstan amounted to 59.063 billion cubic meters, including large fields such as Tengiz (16.009 billion cubic meters), Karachaganak (22.385 billion cubic meters), Kashagan (11.856 billion cubic meters), and others (8.813 billion cubic meters). Kazakhstan is projected to produce 60.456 billion cubic meters of raw natural gas in 2024.
