Publications

Survey of Energy Resources 2007

Crude Oil and Natural Gas Liquids Country Notes

Kazakhstan

Proved recoverable reserves (crude oil and NGLs, million tonnes)	5 013
Production (crude oil and NGLs, million tonnes, 2005)	62.6
R/P ratio (years)	80.1
Year of first commercial production	1911

Kazakhstan's oil resources are the largest of all the former Soviet republics (apart from the Russian Federation). For the purposes of the present Survey, the level of Kazakhstan's proved recoverable reserves is based on the figure of 39 600 million barrels published by BP in its Statistical Review of World Energy, 2006. Other published estimates have yet to catch up with this level, although Oil & Gas Journal has jumped from 9 billion barrels at end-2005 to 30 billion at end-2006.

Most of the republic's oil fields are in the north and west of the country. Output of oil more than doubled between 1999 and 2005 to over 62 million tonnes
(1 356 000 b/d), including 11.7 million tonnes (338 000 b/d) of NGLs, condensate and LPG. In 2004, exports accounted for 86% of the republic's oil production.