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Meeting China's thirst for Kazakh oil

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22 March 2013

Meeting China's thirst for Kazakh oil

Report summary

Kazakhstan and China are set to expand the export capacity of the Kazakhstan-China oil pipeline from 250,000 b/d to over 400,000 b/d by 2015. However, China's NOCs' liquids output in Kazakhstan will start to decline from 2013. Working interest production will plateau around 290,000 b/d this year (16% of the national total) and then fall. Action is needed soon if Chinese NOCs want to maintain their level of equity exports and fill the pipeline.

Table of contents

Tables and charts

This report includes 7 images and tables including:

  • Kazakhstan liquids production growth 2012-2025
  • Kazakhstan-China oil pipeline throughput profile
  • Chinese NOC Kazakhstan asset overview
  • Chinese NOCs Kazakhstan upstream assets
  • Chinese NOC Kazakhstan working interest liquids production (2005-2020)
  • Key licence expiries and remaining reserves, post-contract
  • Chinese NOC Kazakhstan working interest liquids production by field (2005-2020)

What's included

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    Meeting China's thirst for Kazakh oil

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