75,000 barrels of oil daily extracted at Kazakhstan's Kashagan

Oil extraction volumes of 75,000 barrels a day at the Kashagan Field (Kazakhstan) planned for early October 6 have been achieved, said Kazakh Minister for Oil and Gas Uzakbay Karabalin at the 8th Eurasian Kazenergy Forum in Astana, News Azerbaijan reports.

Oil extraction in the area started on September 11, stopped on September 25 due to problems with the gas pipeline and restarted on October 6.

Geological studies of the field in the last 40 years say that Kashagan has about 4.8 billion tons of oil and 1 trillion cubic meters of gas. About 10 billion out of its 38 billion barrels of oil are extractable.