Kazmunaygas Boosts Oil And Gas Condensate Output
This metric translates to approximately 553,000 barrels on a daily throughput basis.
Concurrently, the output of both associated and natural gas (prior to reinjection metrics) escalated by 20.1 percent, culminating in a total of 8.652 billion cubic meters.
KazMunayGas (KMG) is Kazakhstan's leading vertically integrated oil and gas company, managing assets throughout the full production cycle-from exploration and production of hydrocarbons to transportation, refining, and specialized services. Established in 2002, KMG represents the interests of Kazakhstan in the national oil and gas industry.
To recall, the inaugural phase of industrial hydrocarbon extraction in Kazakhstan commenced in 1899 at the Karashungul reservoir within the Atyrau province, with the initiation of commercial petroleum output materializing in 1911 at the Dossor site. Initially, the primary find was hydrocarbons, which catalyzed the evolution of the national oil and gas sector, culminating in the identification and enhancement of significant gas and condensate reservoirs such as Karachaganak, where extraction operations initiated in 1984.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment