UPDATE 1-Kazakhstan sees 2011 oil output at 81 mln T

* Crude output could reach 82-83 mln T ’10, above target

* Document also projects ’12 output 83 mln T
(Adds details, background)

ASTANA, Sept 13 (BestGrowthStock) – Kazakhstan, Central Asia’s
largest oil producer, plans to produce 81 million tonnes of
crude and gas condensate next year, according to the nation’s
draft 2011 budget made available to reporters on Monday.

Oil output is set to rise to 83 million tonnes in 2012, the
document said.

Last year Kazakhstan boosted its crude and gas condensate
output by 8.1 percent to 76.4 million tonnes.

State oil firm KazMunaiGas [KMG.L] said last month that
Kazakhstan might exceed its oil output target this year on the
back of higher oil production from a Chevron-led (CVX.N: )
venture.

It said oil production in Kazakhstan might exceed the
originally targeted 80 million tonnes in 2010 and reach 82-83
million tonnes, mainly thanks to TengizChevroil joint venture.
(Reporting by Raushan Nurshayeva; Writing by Dmitry Solovyov;
Editing by Alfred Kueppers)

UPDATE 1-Kazakhstan sees 2011 oil output at 81 mln T