China's share in Kazakhstan's oil production to reduce to 7-8%

ASTANA. September 26. KAZINFORM - In the future China's share in Kazakhstan's oil production will decrease to 7-8%. This has been reported today by the Minister of Oil and Gas Uzakbai Karabalin during the plenary session of the Senate, answering the questions of MPs.
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According to him today's China's share in the production of oil is 24%, but mostly Chinese companies are on deposits in the Kyzyl-Orda and Atyrau oblasts, where year-on-year oil production decreases. Therefore, China's share in the future will be reduced to 7-8%.

At present in the first place by the level of investment in this area is the U.S. - 25%.

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