ASTANA – Kazakhstan’s oil production registered a record 662 million barrels in 2018, the Central Asian nation’s energy minister said on Friday.
“In 2018, we extracted 90.36 million tons (662.4 million barrels) of oil, which was 4.8 percent more than in 2017 and 3.9 percent more than planned,” Energy Minister Kanat Bozumbaev said.
Bozumbaev said there had been an increase in extraction at the country’s three largest oilfields; Kashagan, Tengiz and Karachaganak.
The Kazakh Energy Ministry reported that oil exports in 2018 reached 531.4 million barrels.
The ministry said natural gas production reached 55,500 million cubic meters in 2018, with 19,400 million m3 earmarked for export, mostly to neighboring China.