№ 5 (49), 2011 - KazEnergy

actualDynamics of oil and gas condensate export in Kazakhstan (MT).Sources: the Ministry of Oil and Gas of RK, KAZENERGY AssociationForecasted dynamics of oil production/export inKazakhstan (MT).Source: the Ministry of Oil and Gas of RKKazakhstanis planning toincrease oil exportvia Aktau portto the CaspianSea up to 12MTagainst 9MT of thecurrent year453KT – from N block. It is worth to note,that a bigger part of this oil will be exportedto Europe, first of all.Export Capacity ExpansionInthis context, it is notable that Kazakhstanhas taken the course to expand theexport capacities purposed at the compliancewith the growth dynamics of suppliesfrom the Kazakhstani deposits to the externalmarkets. As of today, the oil transportsystem of Kazakhstan complies with thetransportation requirements both in termsof the carrying capacity and export directions.The oil companies operating in the Republichave all hydrocarbon export directions attheir availability.The first among them are the oil pipelinesgoing via Russia: the Caspian Pipeline Consortium(CPC) and Atyrau-Samara; thesecond are the transcaspian overseas transportationvia Aktau port and further exportvia Baku-Tbilisi-Ceyhan oil pipeline; thethird is transportation to China via Atasu-Alashankou oil pipeline, which was commissionedin 2005.Total export capacity of the existing exportpipelines makes up to approximately 58MTper annum, and the biggest among them isCPC built in 2001 that carried 28.4MT ofKazakh oil in 2010.Bearing in mind a zero tolerance to the deficitof export capacities, which are quite realaccording production increase forecasts,Kazakhstan commenced the implementationof the projects to provide a significantincrease of the carrying capacity of the existingoil transportation systems in the nextfew years.First of all, commencement of the constructionand installation works in the currentJuly purposed at CPC expansion, where Kazakhstanrepresents one of the main shareholders(20.75%).Despite of delays related to the lengthy coordinationof the project terms betweenKazakhstan and Russia, the implementationof the CPC expansion project with thevalue of $5.4B will promote the increase ofthe total pipeline capacity up to 67MT by thefirst quarter 2015; herewith the Kazakhstanshare will grow to 52.2MT per annum.The scope of Kazakh oil export via Atyrau-Samara in the European direction is supposedto be kept at 15MT until 2020.Kazakhstan intends to activate the export ofoil raw to China, where demands for hydrocarbonsare rapidly growing.In 2011 only, the carrying capacity of Atasu-Alashankou pipeline supplying Kazakh oilto China increased from 10MT to 12MT. Inaddition, the two states signed the agreementson the pipeline expansion to 20MT,which despite of all is less than the Europeandirection. However, the Chinese exportdirection will remain as one of the principaldirections for Kazakhstan during the nextdecade.Besides, Kazakhstan is planning to increaseoil export via Aktau port to the Caspian Seaup to 12MT against 9MT of the current year,and rail road export – up to 11MT against7.4MT accordingly.50 № 5 (49), 2011