Kazakhstan increases oil production and exports

In January-October of this year, oil production in the country increased by 10.2% to 549.6 thousand tons compared to the same period last year. The growth was in soybean (+2.2 times), rapeseed (+two times) and sunflower oil (+3.2%). On the contrary, cottonseed oil saw a 36.2% decline in production, according to the Bureau of National Statistics of Kazakhstan. If we consider the situation with exports, then there is a 1.5-fold increase in exports of sunflower oil. It is about 293.6 thsd tonnes, or $264.7 mln. The main buyers were Uzbekistan – 117.8 thousand tons (+1.7 times) and China – 111.4 thousand tons (+1.9 times). Kazakh oil was also exported to Tajikistan, Afghanistan and Norway. Exports of soybean oil also increased by 19.2%, to 10.1 thousand tons ($8.2 million), which was supplied to Tajikistan, Uzbekistan and China. In addition, Kazakhstan sold 37.4 thsd tonnes of rapeseed oil, but this is slightly less than last year – by 3.5%. Almost the entire volume went to China – 31 ...