23.12.2008, 17:44 3181

Mangistau MunaiGas for 11 months 2008 increased extraction of natural gas by 66 %

Oil-extracting company - Mangistau MunaiGas for January - November, 2008 increased its extraction of natural gas by 66 %, the Regional Department of Industry and Business informed the agency.

Aktau. December 23. Kazakhstan Today - Oil-extracting company - Mangistau MunaiGas for January - November, 2008 increased its extraction of natural gas by 66 %, the Regional Department of Industry and Business informed the agency.

Following the results of 11 months 2008, 380 million 11 thousand cubic meter of natural gas as compared to 228 million 927 thousand cubic meters for the similar period of 2007 were extracted in the deposits of the company.

Following the results of 11 months 2008, volumes of oil extraction in the deposits of JSC Company have been decreased by 89 649 tons. 5 million 135.373 thousand tons of oil was extracted, as compared to 5 million 225 thousand tons for the similar period of 2007.

According to the department, the measures undertaken by the company management have already yielded the results. In November, volume of daily average oil extraction reached 15 220 tons, which is in comparison with the last month is more by 222 tons.

According to the department, as of November of 2008, 463 260 tons of oil, as compared to 474 508 tons for the similar accounting month of 2007, were extracted. As of November, extraction of natural gas increased by 67.6 % and reached 34 million 558 thousand cubic meters, whereas 20 million 620 thousand cubic meters of natural gas was extracted in November, 2007.

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