ASTANA -- The Minister of Energy of Kazakhstan, Kanat Bozumbayev, announced the projected volumes of oil production at the three largest deposits in the country in 2017.

"This year it is planned to produce about 5 million tons of oil and 3.1 billion cubic meters of natural gas at Kashagan. In 4 months of this year, 2.2 million tons of oil have already been extracted here," the minister was quoted by state news agency, Kazinform, as saying.

Meanwhile, according to him, at Karachaganak in 2017, it is planned to produce 11.8 million tons of oil and 18 billion cubic meters of natural gas. In four months of 2017, 4.3 million tons of liquid hydrocarbons were produced, which is 12 percent more than last year. "At Tengiz it is planned to produce 27.5 million tons of oil and 4.5 billion cubic meters of natural gas. In four months of this year, 9.7 million of oil was extracted there, which is 100 percent more compared to the same period of 2016," he concluded.

Source: Emirates News Agency