Kazakhstan oil export decreases by 1.1 % in January - July of 2008/07

/REUTERS, Almaty, September 15, 08/ - Kazakhstan oil and gas condensate export in January - July of 2008 decreased by 1.1 %, compared to the same period last year, to 35.677 m. tones, the Statistics Agency informed. Volume of oil and gas condensate export in monetary expression increased by 72.0 % and reached $25.620 bn. In 2007, Kazakhstan increased oil production with gas condensate up to 67.5 m. tons from 65.0 m. tons in 2006. The total volume of Kazakhstan export increased in January - July by 64.7 % in comparison with the same period of the last year and made $42.022 bn. In January - July the trading balance was positive in the amount of $20.967 bn. Kazakhstan major export items in natural and monetary expressions in comparison with the indicators of the last year are given below: ------------------------------------------------------------------- January-July January- July 2008/07 2008/07 ------------------ ---------------------- (th. tones) (in %) ($ m.) (in %) ------------------------- ----------- ------ -------- ------------- Wheat and meslin 3,456.6 -7.7 1,014.8 +86.5 Iron ore 9,136.5 +4.4 700.6 +62.4 Coal 19,794.6 +33.4 469.6 +60.3 Oil and gas condensate 35,677.2 -1.1 25,620.3 +72.0 Oil products 2,231.6 +1.0 1,239.4 +69.1 Cotton fibre 58.8 -48.4 81.0 -25.6 Ferroalloys 759.7 +3.0 1,558.8 +133.8 Refined copper and alloys 164.9 -29.3 1,290.9 -15.4 Alumina 53.1 +375.2 160.1 In 12.3 times Unprocessed zinc 189.2 -0.8 416.0 -37.6 Lead 55.1 -17.3 143.8 +22.9 ------------------------------------------------------------------- During this period the main buyers of Kazakhstan commodities were: Italy - 18.5 %, Switzerland - 15.6 %, China - 9.4 % and Russia - 8.9 %. [2008-09-15]