KMG will invest $5 billion to geological exploration
Edited by vadim / 2013-10-08 06:47:14
KMG will invest $5 billion to geological exploration, the chief of the company S. Mynbayev says at the eighth Eurasian forum KAZENERGY. They are going to increase proven reserves of the company from 823 million tons to 1.4 billion tons in 2022. In near 10 years, KMG is going to increase consolidated oil and gas condensate production from 21 million tons to 36 million tons, that will share one third in total production of Kazakhstan.
Translated by Nadezhda Poltoratskaya
