Kazakhstan downgrades Oil Production Forecast
16.10.2007
Kazakhstan has reconsidered its oil production forecasts until 2015, because of exploration problems at Kashagan.
“By 2010, forecasted oil production will reach over 80 million tons, and in 2015, it will reach 130 million tons, considering domestic demand of 25 million tons,” President Nazarbayev said on Friday.
The government planned...