According to the forecast of socio-economic development of the Mangistau region from 2014 to 2018, in 2015 it is planned to extract 18.4 million tons of crude oil or up 2.2% against 2013.
According to the forecasts, in 2018 oil production will total 22.5 million tons or 125% against 2013.
According to the Kazakhstan Ministry of Oil and Gas’ program for hydrocarbons production, from 2014 to 2018 it is expected to gradually increase gas production by 1-2% a year.—0--
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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