JSC KazMunaiGas Exploration Production (KMG EP) announces its full year operating results for 2014.
Overall, in 2014 KMG EP, including its stakes in Kazgermunai (KGM), CCEL (CCEL) and PetroKazakhstan Inc. (PKI), produced 12,328 thousand tonnes of crude oil (250kbopd), which is 60,000 tonnes (less than 1%) lower compared to 2013.
Ozenmunaigas JSC and Embamunaigas JSC
In 2014, Ozenmunaigas JSC (OMG) produced 5,328 thousand tonnes (107kbopd), an increase of 2% compared to 2013. Embamunaigas JSC (EMG) produced 2,823 thousand tonnes (57kbopd), slightly less than was produced in 2013. The total volume of oil OMG and EMG produced in 2014 was 8,151 thousand tonnes (164kbopd), which is a 1% increase compared to production in 2013.