Kazakhstan Oil and Gas Profile
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Introduction
- Full development of its major oilfields could make Kazakhstan one of the world's top 5 oil producers within the next decade. With production of 1.54 million barrels per day (bbl/d) in 2009, Kazakhstan is already a major producer, and continued development of its giant Tengiz, Karachaganak, and Kashagan fields is expected to at least double its current production by 2019.
- Kazakhstan's sector of the Caspian Sea is believed to hold several other major oil and natural gas deposits as yet unexploited.
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