In Q1, EP KMG insignificantly reduced oil production

In the first three months of 2015, producing subsidiary of Kazakh national company KazMunaiGas, the company Exploration Production KazMunaiGas (EP KMG), including shares in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc (PKI) produced 3.037 million tons of oil, which is slightly less than in the same period in 2014, the press centre of the company reports.

According to the report, the production in the main producing assets of the company - Ozenmunaigas (OMG) and Embamunaigas (EMG) made up 2.021 million tons, which is by 2% more than in the same period of 2014. In particular, OMG extracted 1.339 million tons (+3%), EMG - 682 thousand tons, almost at the level of same period in 2014.