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Survey of Energy Resources 2007

Natural Gas Country Notes

Kazakhstan

Proved recoverable reserves (bcm)

3 000

Production (net bcm, 2005)

23.7

R/P ratio (years)

>100


Kazakhstan has substantial resources of natural gas and may well become a major player on the world stage. The chief discovery so far has been the giant Karachaganak field, located in the north of Kazakhstan, near the border with the Russian Federation. Another major field is Tengiz, close to the north-east coast of the Caspian Sea.

The level of proved reserves adopted for the present Survey is based upon the figure quoted by the Government of Kazakhstan as 'approved extracting stocks', which could be construed as equivalent to proved recoverable reserves. Lower levels are given by published compilations of reserves data: Cedigaz 1 900 bcm, OAPEC and OGJ 1 841 bcm (although OGJ has raised its assessment to
2 832 bcm as at 1 January 2007).