Oil export from Kazakhstan grew by 17.4% in January-May 2007/06

/REUTERS, Almaty, July 13, 07/ - Oil and gas condensate export from Kazakhstan in January - May of 2007 grew by 17.4% compared to the similar period of the previous year to 25.84 m. tones, Statistics agency informed on Friday. Volume of oil and gas condensate export in monetary expression increased by 16.1% and reached $10.19 bn. In year 2006 Kazakhstan increased extraction of oil with gas condensate to 65.0 m. tones from 61.9 m. in 2005. The total volume of Kazakhstan export in the first quarter of 2007 grew by 28.3% compared to January-May of the previous year and made $17.504 bn. The trade balance in January - May was positive in the amount of $5.67 bn. The major positions of Kazakhstan export in natural and monetary expressions in comparison with similar indicators of last year are given in the table below: ---------------------------------------------------------------- January-May January-May 2007/06 2007/06 ------------------- ---------------- (th. tones) (in %) ($ m.) (in %) ------------------------- ----------- ------ -------- ------ Wheat and maslin 3,052.4 +158.1 435.2 +247.6 Iron ore 6,155.4 +2.9 284.0 +6.7 Coal 10,803.1 -5.4 212.0 +17.7 Oil and gas condensate 25,839.6 +17.4 10.186.2 +16.1 Oil products 1,563.9 +54.3 507.8 +53.3 Ferroalloys 452.7 +3.7 388.8 +27.6 Refined copper and alloys 170.3 +30.0 1.051.1 +64.6 Alumina 8.4 -4.6 9.1 -1.1 Unprocessed zinc 145.1 +4.5 508.4 +113.9 Lead 48.8 0 80.6 +66.2 ---------------------------------------------------------------- The main purchasers of Kazakhstan goods within this period of time were Italy - 16.7%, Switzerland - 15.2%, China - 12.2 and Russia - 9.9%. [2007-07-13]