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22 Апреля, 2017 11:19

Oil output at Kashagan to reach 370K barrels per day

The level of oil production at the Kashagan oilfield will increase up to 370,000 barrels per day, "KazMunaiGas" National Company reported.
Oil output at Kashagan to reach 370K barrels per day | Strategy2050.kz

"Oil production at the Kashagan oilfield was launched on November 1, 2016. To date, over 2 million tons of oil and more than 1 billion cubic meters of gas have been produced at the oilfield. In order to increase the level of oil production up to 370,000 barrels per day, two gas re-injection compressors will be launched. There are plans to implement a project on expansion of gas reinjection at Kashagan which will ensure further increase in output. The optimal concept for this project is about to be selected", KazMunaiGas, one of the shareholders of the project, said in a statement.

chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan