Kashagan

Kazakhstan plans to cut oil production by 300,000 bpd

Kazakhstan plans to cut oil production by 300,000 bpd

Kazakhstan's Energy Minister Kanat Bozumbayev announced the country's intention to cut oil production in April by 300,000 barrels per day due to scheduled maintenance work at the Kashagan, Karachaganak and Tengiz …

Kazakhstan does not want to reduce oil production

Kazakhstan does not want to reduce oil production

Energy Minister says Kashagan would produce some 200,000 bpd in H2 2018, and then possibly 300,000 bpd by year-end. “Today, our daily production rate is 1.8 million barrels…we are not …

10 mln tonnes of oil exported from Kazakhstan's Kashagan

10 mln tonnes of oil exported from Kazakhstan's Kashagan

Ten million tonnes of crude oil and condensate was exported from Kashagan, one of the largest fields of Kazakhstan, AzerNews reported citing the press service of the North Caspian Operating Company (NCOC). “North Caspian Operating …

Kazakhstan projects 1% economic growth for 2016

Kazakhstan projects 1% economic growth for 2016

Kazakhstan's GDP growth during 11 months of 2016 amounted to 0.8% and is expected to reach 1% by end of the year, Minister of National Economy of the country Kuandyk Bishimbayev said. He added that this result can …

Nazarbayev officially launches Kashagan field

Nazarbayev officially launches Kashagan field

Kazakh president Nursultan Nazarbaev officially launched the largest oil and gas field in Kazakhstan - Kashagan, with reserves estimated at 35 billion barrels of oil. "I'm here today to announce the launch …

Kazakhstan has no plans to cut output at Kashagan

Kazakhstan has no plans to cut output at Kashagan

Kazakhstan's Energy Minister Kanat Bozumbayev said he has been negotiating with OPEC, but he believes the central Asian energy giant has already cut output enough this year. "Kazakhstan already slashed its oil …

Kazakhstan ready to start commercial oil production at Kashagan

Kazakhstan ready to start commercial oil production at Kashagan

Kazakhstan is ready to hold a meeting of the managing committee as early as next month, where the decision to start commercial production at the Kashagan field in the Kazakh sector of the Caspian Sea could be announced, Kazakh Energy Minister …

Kazakhstan's Kashagan ships oil for export

Kazakhstan's Kashagan ships oil for export

The first batches of oil from the Kashagan oil field in Kazakhstan were shipped for export on Friday via two pipelines, the Kazakh Energy Ministry said. Energy majors developing the field have shipped 7700 tonnes of oil through the …

Kashagan oil field operating normally

Kashagan oil field operating normally

Work to bring onstream the giant Kashagan oil field in Kazakhstan is going normally and some crude has already been processed and put in storage, Kazakh Energy Minister Kanat Bozumbayev said. Four wells were …

Azerbaijan and Kazakhstan to lay new oil pipeline

Azerbaijan and Kazakhstan to lay new oil pipeline

Azerbaijan and Kazakhstan are planning to lay new Eskene-Kuryk-Baku oil pipeline with a length of 739 kilometers, Azerbaijani Energy Minister Natig Aliyev said. He noted that Kazakhstan has huge proven reserves of …