Kazakhstan's interests must be respected while increasing oil production at Tengiz - Nazarbayev

ATYRAU. November 17. KAZINFORM /Andrey Sokolov/ Solving the issue regarding increase in oil production at the Tengiz field which is developed by Tengizchevroil LLP, it is necessary to demonstrate a balanced approach to technology concepts as well as to unconditional compliance with Kazakhstan's interests. President Nursultan Nazarbayev has said it at a sitting on the oil and gas sector development in Atyrau.

The Head of State noted that after completing construction of the second generation plant at Tengiz the company reached the record level of oil production this year. Following results of the year it will make up at least 24 mln tones.

But the company faces complex tasks on further expansion of the production and bringing to a stable high level.

"The issues of sulphur handling and reducing the volume of gas flaring. It is necessary to accelerate their solution", N.Nazarbayev said.

Besides, the President gave instruction to the Ministry of Oil and Gas to study the issue of supplying gas to the domestic market together with Tengizchevroil .