As of December 2023, the proven and probable oil reserves of KazMunayGas, the national oil company in Kazakhstan, reached 733 million tons of oil equivalent, a 3.7% increase compared to December 31, 2022.
«According to an audit by DeGolyer&MacNaughton prepared under the international PRMS standards, proven and probable oil reserves of KazMunayGas were estimated at 733 million tons of oil equivalent (5,680 million barrels of oil equivalent) as of December 31, 2023. The amount of 2P reserves has risen by 3.7% compared to 2022,» the company said in a statement.
The increase was driven by...