PremiumKazMunayGas hits record oil production and profits at Dunga field

Economy Materials 23 April 2025 15:41 (UTC +04:00)
KazMunayGas hits record oil production and profits at Dunga field
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 23. According to the results of last year (2024), oil production at the Dunga field, located in the Tupkaragan district of the Mangistau region in Kazakhstan, increased to 630,000 tons, Trend reports via KazMunayGas.

"In 2023, the figure was 546.900 tons. Overall, since KazMunayGas acquired a stake in the Dunga project, the development of the field has shown positive dynamics," noted the company KazMunayGas.

In the first quarter of 2025, 168,300 tons of oil were produced, and the net profit amounted to $6.2 million. Both indicators exceeded the plan.

In 2023, KMG (KazMunayGas) acquired a 60 percent stake in the project from the French company TotalEnergies. As part of the deal, the operating company was renamed Dunga Operating GmbH.

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