KazMunaiGaz E&P pumps up volume
Kazakhstan's state-run producer KazMunaiGaz Exploration & Production has
pumped up its output in the first quarter by 26.4% to 233,500 barrels of oil
per day.
The company said the booster comes on the back of a series of deals which saw
it take a 50% stake in Kazgermunai and CITIC Canada Energy last year.
Excluding acquisitions, the group's output in the quarter reached 186,300
barrels per day a slight year-on-year rise.higher than previous year's level.
The company said it expects output for 2008 to increase by 13.7% to 242,500
bpd, including 191,000 bpd from its core assets and 51,400 bpd contribution
from Kazgermunai and CITIC Canada.
28 April 2008 10:03 GMT
| last updated:
28 April 2008 10:03 GMT
Latest jobs
