Kyrgyzstan's Crude Oil Extraction Rises
Date
7/4/2024 12:18:14 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, July 4. Kyrgyzstan
extracted around 122,000 tons of crude oil from January through May
2024, which is a 0.5 percent increase compared to the same period
in 2023 (121,400 tons), Trend reports.
Data from Kyrgyzstan's State Statistical Committee reveals that
the country produced 22,400 tons of crude oil in May 2024 alone, a
5 percent decrease from the 23,600 tons produced in May 2023.
In the broader field of mineral extraction, Kyrgyzstan's
production reached a value of 22.956 billion soms ($264.794
million) for the first five months of 2024, with a physical volume
index at 92.5 percent of what it was during the same period in
2023.
However, the extraction of coal, including both stone and brown
coal (lignite), fell by 10.4 percent, and the production of
metallic ores declined by 9.9 percent compared to January–May
2023.
Despite these decreases, the extraction of other minerals rose
by 19.9 percent. Overall, the combined extraction of crude oil and
natural gas saw a modest increase of 0.3 percent.
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