Mangistaumunaigas (Kazakhstan) to extract 4 mln tons of oil in 2000

/IRBIS, March 15, 00/ - REUTERS informs, with the reference to the vice minister of energy, industry and trade Kanat Buzumbaev, that one of the biggest oil producers of Kazakhstan - Mangistaumunaigas (MMG) - will extract 4 mln tons of oil in year 2000 and export about 2 tons of oil to foreign countries. Vice minister said half of total 4 mln tons of oil would be exported to non-CIS countries according to quota. He said the company had the biggest export quota among all oil companies in Kazakhstan and it did not need any increase in the quota. The agency informs that Kazakhstan exports its oil through Russian pipelines where many local exporting companies have their own transfer quotas. The management of MMG complains at serious losses incurred by the supplies of oil into domestic market, to Pavlodar refinery (PNPZ). One of the managers Rashid Sarsenov said they were the only supporters of life at PNPZ. He said MMG had supplied PNPZ with 700 th. tons of oil last year though it was possible to supply 1 mln tons, but it did not because the refinery had $73 mln unsettled debt to MMG.