Official Source of the
Prime Minister of the
Republic of Kazakhstan
Close button

Volume of oil and condensate production in Kazakhstan in 2020 amounted to 85.7 million tons — Nurlan Nogayev

Tuesday, 12 January 2021, 14:16:20

At the government session chaired by Prime Minister Askar Mamin, Minister of Energy Nurlan Nogayev reported on the development results fuel and energy complex of the country for 2020.

According to the minister, the volume of oil and condensate production for the specified period amounted to 85.7 million tons.

Oil production in the republic in 2020 decreased from 90 million to 85.7 million tons.

In connection with the spread of the coronavirus and strict restrictive measures in many countries, a decrease in the consumption of oil and oil products in the world, the rapid accumulation of oil and oil products and the risks of overflowing world oil depots, in 2020 the Government introduced restrictive measures on oil production. In addition, the OPEC + countries have taken similar measures to limit oil production.

“Thanks to these measures, a gradual restoration of the balance of supply and demand is observed on the world oil market, oil quotations fluctuate from $18 to $50 per barrel," Nogayev noted.

For large companies in the oil and gas industry, the indicators are as follows:

  • TCO produced 26.4 million tonnes of oil over the specified period, which is 100% in line with the reporting year's plan.
  • Oil production at NCOC is 15.1 million tons. Also, the 2020 plan is 100% fulfilled.
  • KPO's indicator is 12 million tons, which is 103% of the plan.

During the year, 68.5 million tons of oil were exported, which amounted to 101.8% of the plan.

By the end of 2020, 55.2 billion cubic meters of gas were produced. This is 100% of the plan. The volume of domestic gas consumption amounted to 17.2 billion m³, the figure was fulfilled by 104.2% against the plan. The volume of production of liquefied petroleum gas is 3.2 million tons, which is 100% of the plan. The volume of exported gas is 10.7 billion cubic meters. This is 102% of the plan.

The minister reported that according to the results of 12 months of last year, 11.53 million tons of oil products have been produced.

About 4.48 million tons of gasoline, 4.55 million tons of diesel fuel, 2.1 million tons of fuel oil, 438 thousand tons of aviation fuel, 1 million tons of bitumen have been produced.

“Today the domestic market is fully provided with petroleum products produced in the country,” Nogayev noted.

As for oil and gas chemical products, its volume reached 359.3 thousand tons or 103%.

Electricity generated over the past year was 108 billion kWh.

Major accidents during the reporting period, according to the minister, were not registered.

In the field of uranium mining, the total for the year amounted to 19.5 thousand tons, which is 101% of the plan.

“Renewable energy is becoming the main trend in the global energy sector. In Kazakhstan, renewable energy is the driving force behind the development of a green economy. We have fulfilled the commitments undertaken in the concept of a green economy, and brought the share of renewable energy in the total energy balance of the country to 3%," Nogayev noted.

At the end of 2020, the volume of electricity generated by renewable energy facilities amounted to 3.15 billion kWh, which is 100% of the 2020 plan.

In 2020, 25 renewable energy projects were implemented with a total capacity of 583 MW. Among them, 10 projects with wind energy, 12 — solar, 1 — water and 2 — bioenergy. As a result, the sector received income of $ 1.5 billion. About 3,000 temporary jobs and about 1,310 permanent jobs were created. In 2021, it is planned to implement 23 facilities with a capacity of 391 MW. The total investment will amount to $370 million.

News feed
02 March 2021, 11:00
In Kazakhstan, it is planned to double export of products and income of agricultural workers in five years
02 March 2021, 10:37
Kazakhstan takes 39th place in 2020 Ranking of Economic Freedom
02 March 2021, 10:22
Government considers measures to develop primary health care
02 March 2021, 09:38
Askar Mamin: Over 4 trillion tenge of investments planned to be attracted to agro-industrial complex until 2025
01 March 2021, 15:37
Government session to be held March 2 in Ukimet Uyi
01 March 2021, 15:34
Prime Minister of Kazakhstan Askar Mamin meets with Head of Roscosmos Dmitry Rogozin
01 March 2021, 15:14
Review of Kazakhstan’s healthcare system: Results of 2020 and plans for 2021
01 March 2021, 10:07
Yerzhan Birzhanov appointed vice minister of labor and social protection of the population of Kazakhstan
01 March 2021, 08:26
Prime Minister Askar Mamin congratulates people of Kazakhstan on Day of Gratitude
25 February 2021, 13:31
Murat Nurtileu appointed Deputy Head of the Presidential Administration of the Republic of Kazakhstan
25 February 2021, 10:29
Alibek Kuantyrov appointed Vice Minister of National Economy of the Republic of Kazakhstan
25 February 2021, 10:02
Meirzhan Yusupov relieved as Vice Minister of National Economy of the Republic of Kazakhstan
24 February 2021, 18:18
Yeraly Tugzhanov chairs meeting of Interdepartmental Commission on Preventing the Spread of COVID-19
23 February 2021, 10:30
Government considers readiness for flood period
23 February 2021, 10:00
It is planned to build 17 million square meters of housing in 2021 in Kazakhstan
23 February 2021, 09:30
Government, National Bank and Agency for Regulation and Development of Financial Market sign Agreement on Coordination of Macroeconomic Policy
22 February 2021, 22:43
Healthcare, employment and social support — socio-economic development of Nur-Sultan in 2020
22 February 2021, 17:02
Government session to be held Feb. 23 in Ukimet Uyi
17 February 2021, 16:55
Prime Minister Askar Mamin inspects development projects in Shymkent and Turkistan
16 February 2021, 21:49
Prime Minister of Kazakhstan Askar Mamin holds telephone conversation with Prime Minister of the Russian Federation Mikhail Mishustin
16 February 2021, 12:24
Ministry of Finance: Plans for local budget revenues exceeded in all regions of the republic
16 February 2021, 12:01
Path of Change: Decent Life for Everyone: Government approves Roadmap for Implementation of Nur Otan Party's Pre-Election Program
16 February 2021, 11:45
Small and medium-sized businesses are main source of job creation and increasing incomes of the population — Aset Irgaliyev
16 February 2021, 11:23
87% of withdrawn savings to be used by citizens to solve housing issues — National Bank of Kazakhstan
16 February 2021, 11:04
Timur Zhaksylykov appointed first vice minister of national economy of the Republic of Kazakhstan
16 February 2021, 10:13
In January 2020, basic sectors of Kazakhstan’s economy retained their growth dynamics
15 February 2021, 22:07
Government session to be held Feb. 16 in Ukimet Uyi
13 February 2021, 10:23
Business representatives can participate in PPP projects by investing 20% ​​from their own funds — Tursynbaev
12 February 2021, 13:38
Prime Minister of Kazakhstan Askar Mamin presents Roadmap for Implementation of Pre-Election Program of Nur Otan Party
11 February 2021, 19:02
Maintaining position of grain nation, focus on import substitution and possibilities of agro-industrial complex — results of last year and plans for 2021
11 February 2021, 02:34
Social payments for period of emergency by the end of 2020 assigned to more than 4.6 million people
09 February 2021, 17:25
Askar Mamin chaired a meeting of Project Office on Entrepreneurship
09 February 2021, 11:08
System of auctions made it possible to achieve significant reduction in prices for green economy — Ministry of Energy
09 February 2021, 09:55
Systemic work on development of renewable energy is needed — Askar Mamin
09 February 2021, 09:31
Over 700 thousand business entities in Kazakhstan received tax incentives
08 February 2021, 23:55
Housing construction in Kazakhstan in 2020: Trends and features
08 February 2021, 20:08
Government session to be held Feb. 9 in Ukimet Uyi
07 February 2021, 00:20
Growth in industry, employment and modernization of healthcare system — how economy of Almaty developed during pandemic
05 February 2021, 15:57
Askar Mamin: Priorities of Kazakhstan's chairmanship in EAEU take into account challenges and opportunities in the new conditions
05 February 2021, 15:16
Annual Digital Almaty forum: How heads of government discussed digital transformation
05 February 2021, 11:51
Kazakhstan took 29th place in the UN rating on e-government development
04 February 2021, 22:00
Common economic space, time limits and mutual trade — new opportunities for citizens and business within EAEU
04 February 2021, 19:36
Prime Minister of Kazakhstan Askar Mamin held talks with Prime Minister of the Russian Federation Mikhail Mishustin
04 February 2021, 16:28
Askar Mamin chairs meeting on development of Almaty region
04 February 2021, 15:46
Askar Mamin instructs to timely and efficiently implement development projects in Almaty
03 February 2021, 11:05
Nariman Zhunussov appointed chair of Fisheries Committee of Ministry of Ecology, Geology and Natural Resources
03 February 2021, 10:51
Shavkhat Utemisov appointed chief of staff of the Ministry of Ecology, Geology and Natural Resources
03 February 2021, 10:21
Askar Tynysbekov appointed chair of the Committee for Consumer Protection of the Ministry of Trade and Integration
02 February 2021, 23:41
Infrastructure development, introduction of digital technologies and support for SMEs — development of Shymkent for 2020
02 February 2021, 11:15
Government considers measures to implement decisions of Supreme Council for Reforms
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.