Kazakhstan to produce appr.130 mln tons of oil a year by 2020

Oil production growth in Kazakhstan will keep on until 2020 then it will start declining. CEO of KAZENERGY A.Magauov said at the press-conference.

“Oil production will keep increasing. It might make up 120-130 million tons a year until 2020 and then it will go down, because of the production decline at large and old deposits.

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