Middle East Economic Survey


No 31



KMG EP Oil Production In 1H09 Down 3.8%, KMG Takes Control Of Kazmortransflot

KazMunaiGas Exploration and Production (KMG EP), the upstream branch of Kazakhstans state oil and gas company KazMunaiGas (KMG), announced on 28 July that its oil production in 1H09 dropped by 3.8% compared with 1H08 to 230,700 b/d. The company said in a statement that 4.2mn tons of oil, or 179,800 b/d, came from its core production facilities at Uzen and Emba...