KazMunaiGaz increased oil production in January-March 2007
ASTANA. April 12. KAZINFORM - NC KazMunaiGaz has increased volumes of oil production and gas condensate for January-March 2007 up to 4 mln 63 thousand tons, that is 4.3 per cent higher than the analogous period of the last year. It is supposed to extract 17 mln 272 thousands tons of oil and gas condensate this year, Kazinform refers to the company's press service. The volume of oil processing at the Atyrau refinery decreased by 3.5 per cent in comparison with the corresponding period of the year of 2006 and made 801 thousand tons. This factory intends to process 3 mln 700 thousand tons of the raw materials in 2007. 11 mln 372 thousand tons of petroleum were transported through main oil lines of the KazTransOil JSC systems that is 12 per cent more against the same period of the previous year. 30.6 billion cubic meters of gas were transported through the gas main pipelines of Intergas Central Asia JSC, that is 8.8 per cent lower in comparison with the corresponding period of the year of 2006. The consolidated incomes of NC KazMunaiGaz has reduced by 12.8 per cent and hit KZT 225.5 bln against the same period of the previous year. The company pursues an active investment policy and has transferred KZT 33.15 bln of taxes and payments to the republican budget, that is 7.4 per cent lower comparing with the first quarter of 2006.