The growth of oil production in Kazakhstan to 90 million tons in 2015 is predicted in the MEDT.

Zhanbolat Mamyshev. The growth of oil and gas condensate production in Kazakhstan to 90 million tons is predicted in the Ministry of economic development and trade (MEDT) of Kazakhstan.

As noted in the draft law “On the Republican budget for 2013-2015”, oil and gas condensate production in Kazakhstan in 2011 amounted to 80 million tons, in 2012, according to estimates, will amount to 81 million tons, in 2013 – 82 million tons, in 2014 – 83 million tons, in 2015 – 90 million tons.

The average annual world price of Brent oil was $111/bbl. in 2011, in 2012, it is estimated to be $100 / bbl., in 2013 – $90 / bbl., in 2014 – $80 / bbl., in 2015 – $88 / bbl.