KazMunayGas increases oil production by 10% 

KazMunayGas (KMG), the state-owned oil and gas company of Kazakhstan, produced 11,860,000 tons of crude oil and gas condensate in January-June 2023, up 10.1% from the previous year, Report informs, citing the company.

In the reporting period, the company extracted 4,789,000,000 cubic meters of natural gas, showing a 16.5% growth compared to a year earlier.

The company transported 39,309,000 tons of oil (including transit oil) in the first half of 2023, 5.8% more than in the same period in 2022.

At the same time, 10,109,000 tons of oil were refined by the oil refineries of Kazakhstan and Romania.