The ministry of energy of Kazakhstan still expects that oil production in the country in the long term will exceed 100 million tons per year. This was reported to journalists on Wednesday by Deputy Head of the Ministry Askhat Hasenov.
"We produce 85-87 million tons of oil per year. We are planning to produce more than 100 million tons at our peak," he said. According to him, the reserves of oil in the country are about 4 billion tons, gas - 3.8 trillion cubic meters.
First Deputy Energy Minister Murat Zhurebekov said in December 2021 at the 23rd World Petroleum Congress in Houston that by 2030 Kazakhstan plans to produce more than 2 million barrels of oil per day, or more than 100 million tons per year.
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Based on materials from TASS