Export of oil from Kazakhstan in the first half year of 2002 increased by 8%

/Almaty bureau REUTERS, August 15, 02/ - Export of oil and gas condensate from Kazakhstan in January-June of 2002 increased by 8% in comparison with previous year and amounted to 17.807 million tons, including CIS countries - 4.374 million tons, informed Statistics agency of Kazakhstan. At the same time, export volume of oil and gas condensate in monetary terms within six months fell by 16% and amounted to $1,896.0m. In 2001 Kazakhstan extracted 39.7 million tons of oil and gas condensate. As Statistics agency informs, volumes of Kazakhstan export decreased within six months by 9% in comparison with previous period and equaled to $4,054.0m. Trade balance turned out to be positive in the amount of $955.6m. In the structure of Kazakhstan export in January-June of the current year the share of mineral commodities equaled to 57%. The table below shows positions of Kazakhstan export in natural expression and monetary terms in comparison with similar period of last year: ---------------------------------------------------------------- January-June 2002/01 January-June January-June 2002/01 2002/01 -------------------- --------------- (th. tons) (in %) ($ m) (in %) ------------------------- ----------- ------- ------- ------ Grain and cereals 2,002.8 +33 185.1 +10 Iron ores 4,415.2 +83 53.8 +70 Coal 12,470.1 -21 87.2 -34 Oil and gas condensate 17,807.0 +8 1,896.6 -16 Mineral oils 392.7 -53 41.8 -46 Balsam wool 71.7 +74 50.6 +16 Ferroalloys 458.7 +13 162.0 +13 Refined copper and alloys 188.2 -5 277.3 -15 Zinc unrefined 124.2 +8 75.2 -12 Aluminum unrefined 20.1 -35 13.3 -43 Lead 66.6 +6 28.0 +5 ---------------------------------------------------------------- Major purchasers of Kazakhstan export within this period were Russia - 17.2%, firms from Bermuda Islands - 19.7%, China - 11.5%. [2002-08-15]