January 22, 2013 12:46
KMG EP cuts oil production 1% in 2012
ALMATY. Jan 22 (Interfax) - JSC KazMunaiGas Exploration Production (KMG EP) cut oil production 1% to 12.191 million tonnes in 2012, the company said in a press release.
This includes the output of the company's stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) - 150,000 tonnes, or 1% less than in 2011.
JSC Uzenmunaigas (UMG) produced 4.950 million tonnes of oil, or 131,000 tonnes less than the year before. JSC Embamunaigas (EMG) produced 2.816 million tonnes, the same as in 2011. In total, UMG and EMG produced 7.766 million tonnes of oil.
The company's share in production from KGM, CCEL and PKI for 2012 totaled 4.425 million tonnes of oil, about the same as in 2011 and in line with the production plans of these companies.
In 2012, KMG EP's export and domestic sales from UMG and EMG were 6.091 million tonnes and 1.646 million tonnes, respectively. The company's share in sales from KGM, CCEL and PKI was 4.41 million tonnes of oil, including 3.428 million tonnes, or 78% of total sales, supplied to export markets.
KMG EP, a subsidiary of Kazakhstan's national oil and gas company KazMunayGas, was created in March 2004 as result of the merger of two KazMunayGas subsidiaries - EmbaMunayGas and OzenMunayGas.
KMG EP is among the top three Kazakh oil and gas producers. The company's shares are listed on the Kazakhstan Stock Exchange, and its GDRs are listed on the London Stock Exchange.
(Our editorial staff can be reached at email@example.com)
September 26, 2016
Russia political and economic calendar: September 26
September 25, 2016
Russian-U.S. agreements on Syria should be kept in place - Kosachyov
Syrian permanent representative to UN accuses West of backing terrorists in Syria
De Mistura should convene all Syrian opposition groups in single delegation for talks with Damascus - Syrian permanent representative to UN
DE MISTURA SAYS HE IS STILL HOPEFUL ABOUT RUSSIAN-U.S. TALKS ON SYRIA
Churkin not inclined to deem Russian-U.S. negotiating process on Syria as 'dead'
Govt troops set to retake Aleppo entirely - Syrian permanent representative to UN
NEGOTIATING PROCESS BETWEEN RUSSIA, U.S. ON SYRIA STILL ALIVE, THOUGH SITUATION VERY SERIOUS - CHURKIN
Intra-Syrian political process should be resumed - Churkin
Russia should prove nothing to no one, seriousness of intentions to separate opposition from terrorists in Syria should be proved to this country - Churkin
Presently almost impossible to get situation in Syria back on peaceful track - Churkin
West continues to deliver heavy weapons to militants in Aleppo - Churkin
RUSSIA SHOULD PROVE NOTHING TO NO ONE, BUT SERIOUSNESS OF INTENTIONS TO SEPARATE OPPOSITION FROM TERRORISTS IN SYRIA SHOULD BE PROVED TO THIS COUNTRY - CHURKIN
REANIMATION OF TRUCE IN SYRIA CAN BE CONSIDERED EXCLUSIVELY ON COLLECTIVE BASIS - CHURKIN