Middle East Economic Survey

VOL. XLVIII

No 10

7-March-2005

CASPIAN

PetroKazakhstan Reports Boost In 2004 Oil And Gas Reserves

Canadas PetroKazakhstan on 23 February announced a significant increase in its oil and gas reserves in central Kazakhstan. A statement released by the company said as of 1 January 2005, proved and probable reserves totaled 549.8mn boe, compared with the previous years total of 495.4mn boe. This years total comprises 502.9mn barrels of oil, 32.1mn boe of natural gas liquids...