In 2015, Exploration Production KazMunaiGas plans to reduce its production by 0.5% to 12.2 million tons
Edited by Rhod Mackenzie / 2014-12-10 10:30:32
Extracting subsidiary of the Kazakh national company KazMunaiGas, Exploration Production KazMunaiGas (EP KMG) plans to produce 12.2 million tons of oil in 2015, which is by 0.5% less than it is expected to be produced in 2014, the company reports.
According to a press release with a refer to the company's budget for 2015, approved by the Board of Directors, the production volume of EP KMG at its main production enterprises - Ozenmunaigas (OMG) and Embamunaigas (EMG) – will be 8.2 million tons that is by 1% more than the planned production in 2014.
