Kazakhstan not to realize its plan on oil extraction
Edited by Rhod Mackenzie / 2014-12-03 01:52:10
In 2014 Kazakhstan will not realize its plan on oil extraction, the first Vice Prime Minister of Energy, U. Karabalin, said.
“Last year was a record year (81.7 mln tons of oil were extracted), we are a bit behind now – 98.7% (-1.3%). It is connected with the fact that the main oil producer in Kazakhstan that daily extracts 80-82 thousand tons of oil is Tengizchevroil and it annually runs repair works of it equipment, it is shut down for 25-30 days. This year it was shut down for 75 days”, he said.
