Total suggests an integrated logistics platform at the Caspian Sea to cater to all oil and gas operators in the region

Total's head of exploration and production, Yves-Louis Darricarrère suggested Kazakhstan’s leadership consider launching an integrated logistics platform at the Caspian Sea to cater to all oil and gas operators in the region, Newskaz.ru reports. “An ad-hoc working group involving all the international and domestic oil and gas companies can be launched”, Mr. Darricarrère said when speaking at the sitting of the Foreign Investors Council May 22. “Total would support such an initiative. We believe this integrated logistics solution in the O&G sector could facilitate introduction of global standards and stimulate greater contribution of domestic companies into O&G projects”, he emphasized. According to him, “this logistics solution is a product of cooperation between the Government, a logistics company, the national oil and gas company [KazMunaiGas], large-scaled oil and gas operators and respective service companies and oil and gas associations”, he said. The FIC is an advisory body established to promote direct dialogue between the Government of Kazakhstan and foreign investors to efficiently address issues related to investment activities and to improve the business climate of Kazakhstan. Total has been operating in Kazakhstan since 1993. The Company owns 16.81% in the vehicle developing the giant Kashagan oilfield in the Caspian offshore.