Government • 16 October, 2018

Volume of industrial production for first nine months increased by 4.8% — Ministry for Investments and Development

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At the meeting of the Government chaired by Prime Minister Bakytzhan Sagintayev, the results of the country's socio-economic development for the first nine months of 2018 were reviewed.

First Vice Minister for Investments and Development Roman Sklyar reported on the results of the first nine months of 2018, the volume of industrial production amounted to 104.8%, including mining — 104.9%, processing — 105.1%. Positive industrial production is maintained in 14 regions.

In the manufacturing industry, there is an increase and achievement of annual targets in the following sectors: engineering — by 14.5%, chemical industry — by 8.2%, furniture production — by 5.1%, paper — by 9.2%, rubber and plastic products — by 2, 3%. At the same time, for the transport complex, the volume index for the first nine months was 104.6%. Regarding housing construction for the same period, 8.8 million m² of housing was commissioned.

“In total, 77,099 dwelling units were commissioned in the republic, including 30,383 individual houses. The increase in housing construction in comparison with last year continues in 15 regions,” the vice minister informed.

In turn, First Vice Minister of Energy Makhambet Dosmukhambetov reported that over the nine months the main indicators of the fuel and energy industry show positive growth dynamics. Thus, the volume of oil and condensate production amounted to about 67.3 million tons, showing an increase of 5.3% over the corresponding period 2017. Oil production in three major projects amounted to 40.2 million tons, including 9.5 million tons at the Kashagan field, 21.5 million tons at Tengiz and 9.2 million tons at Karachaganak.

“Exports of oil amounted to 54.2 million tons, an increase of 4.6% compared to the same period in 2017. The volume of oil refining amounted to 12.06 million tons, showing an increase of 8.6% compared to the same period last year. The volume of petroleum production amounted to 8.4 million tons. In general, the situation on the oil products market is stable, there is no shortage of fuel,” Dosmukhambetov said.

Dosmukhambetov noted that, as of October 12 in Kazakhstan, the average retail price for AI-92 gasoline is 155.1 tg/l, diesel fuel — 191.56 tg/l.

“As of October 12 of this year, the amount of fuel residuals is enough to cover the needs of the domestic market: the reserves of gasoline AI-92 — 330,100 tons (for 27 days), and diesel fuel — 196,400 tons (16 days) Currently, the shipment of diesel fuel to agricultural producers with a plan of 394,400 tons amounted to 348,000 tons or 88.2% of the plan. The shortfall in deliveries is due to late payment, and some volumes are either at the shipment stage or on the way. According to the application of the Ministry of Agriculture, the need for diesel fuel has been fully satisfied,” he said.

According to the Ministry of Energy, the volume of gas production for the nine months amounted to 41.4 billion m³, showing an increase of 5.6% compared to the same period in 2017, or 6.1% more than planned. Gas exports amounted to 15.5 billion m³, which is 25.4% more than in the same period of 2017. About 2.3 million tons of liquefied petroleum gas were produced, which is 5.3% more compared to the same period 2017. Oil bitumen production amounted to 695,000 tons, which is 16.4% more compared to the first nine months of 2017. Electricity generation amounted to 78.8 billion kWh, which is 5.7% more than in the same period 2017. The volume of coal production amounted to 81 million tons, showing an increase of 5.8% over the same period 2017.

First Vice Minister of Agriculture Arman Yevniev, in turn, reported that the physical volume of gross agricultural output was 102% with an annual plan of 103.6%, including crop production — 100.5% and livestock — 104.0%.

“Livestock production increased by 4%. At the same time, the population of the main species of animals increased on average by 5.3% and meat production — by 4.3%, milk — by 3.3%. Food production over the period increased by 3.3%,” Yevniev said.

At the same time, in the first half of October, the Merken Sugar Factory was launched to process sugar beet from the new crop. So, by the end of the year it is planned to produce about 17,000 tons of sugar. The Taraz Sugar Refinery plans in November to resume the import of duty-free cane raw under contracts with a deferment of payment.

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