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KazMunaiGas EP sees production falling 3.5 pct in 2009

Wed Jun 17, 2009 7:50am EDT

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LONDON, June 17 (Reuters) - Kazakh oil producer KazMunaiGas Exploration Production (KMGq.L) (KMG EP) sees production falling 3.5 percent in 2009, Chief Executive Officer Kenzhebek Ibrashev told a Kazakh growth forum.

Slides from his presentation showed expected production this year falling to 11.6 million tonnes from 12.0 million last year.

Kazakh state energy firm KazMunaiGas [KMG.UL] owns a controlling stake in London-listed KMG EP.

(Reporting by Tom Bergin, Writing by Rosalba O'Brien)



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