KazMunaiGas EP sees Production falling 3.5 Percent in 2009
18.06.2009
Kazakhstani oil producer KazMunaiGas Exploration Production sees production falling 3.5 percent in 2009, Chief Executive Officer Kenzhebek Ibrashev told the Kazakhstan Growth Forum.
Slides from his presentation showed expected production this year falling to 11.6 million tonnes from 12.0 million last year.
Kazakhstan’s state energy firm KazMunaiGas (KMG.UL) owns a controlling stake...