Kazakstan strives for oil output of 100 million tons before 2015
5/9/2008 17:24
Kazakhstan is striving to boost oil output to 100 million tons by the end
of 2015 and planning to export most of its oil products, Minister of Energy and
Mines Resources Sauat Mynbayev said yesterday.
When attending the Third
Euro-Asia Energy Forum held at Alma Ata, Mynbayev said Kazakhstan exploited 67
million tons of crude and condensate oil in 2007, which rose 4 percent from last
year. 60 million oil products have been sold overseas, the Kazakh Telegraph
Agency reported.
The minister expected the country's oil output to grow to 70
million tons next year.
Mynbayev also added the proven natural gas reserve is
about 3.3 trillion cubic meters in Kazakhstan, which is one of the most
promising energy. The potential reserve is between 6 trillion to 8 trillion
cubic meters, which amounts to 1.7 percent of the global's total.
Xinhua
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