Suspended production at Kashagan may disrupt Kazakhstan’s plan of producing 82 million tons of crude in 2013
According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
Managing Director of Agip KCO resigns
Managing Director of Agip KCO Umberto Carrara is going to be replaced by Guido Brusco after November 1.
Kashagan oil may be partially supplied to China
Every participant of the consortium has a right to sell oil individually and, thus, the route, destination and prices depend on the participants of the consortium working at Kashagan: Minister.
Akhmetov tags launch of Kashagan project a technological victory
In a short period of time oil production in Kazakhstan tripled and gas production increased 5-fold: Serik Akhmetov.
Oil production at Kashagan reaches 60 thousand barrels per day
Kazakhstan and its partners have been waiting for this for over 10 years: Sauat Mynbayev.
Crude production resumed at Kashagan oilfield
“October 6, upon completion of all the repairs, the wells at the oilfield have been restarted (…) production was resumed with no complications”, according to the country’s Oil and Gas Ministry.
Crude production at Kashagan to be resumed in a few days
Crude production was suspended September 25 due to some faults of the gas pipeline. According to first estimates, the repairs were supposed to take 3-4 days. However, oil production hasn’t been resumed yet.
Kashagan accident won't harm commercial production: Kazakhstan Minister
A small content of gas was discovered in the air during a check of the ground gas pipeline 2km from Bolashak oil treatment plant in Atyrau oblast.
CPC will not delay expansion at Kashagan: expert
The Caspian Pipeline Consortium is unlikely to delay expansion at Kashagan, considering the agreements with Kashagan’s operators.
Crude production at Kashagan expected at 8 million tons in 2014: Oil and Gas Minister
Mr. Karabalin also elaborated that the Caspian Pipeline Consortium (CPC) would be able to handle the increased volume of crude.
Commercial production of 75 000 barrels a day at Kashagan to start early October
The maximum production level at Kashagan is 1.5 million barrels a day if the development plan is approved: Oil and Gas Minister.
Fitch Ratings on oil production at Kashagan
The onset of production is one reason we expect Kazakhstan's economic growth rate to recover after a slight slowdown in 2012: Fitch Ratings.
Transneft ready to ship Kashagan crude
However, we need to know the anticipated volume and make sure the supplies are stable: Transneft’s spokesman.
China to finance Kazakhstan’s share of investments into Kashagan
Further increase of the Chinese investors’ stake in the project is not considered: Oil and Gas Minister Bolat Akchulakov.
NCOC poised to start commercial production at Kashagan in October
The operator of Kashagan oilfield in Kazakhstan, NCOC consortium, is interested in starting the commercial production in October 2013.
Oil production started at Kashagan
The consortium has re-activated the first production well and produced the first oil from the field in the North Caspian Sea on September 11, 2013.
Oil production at the giant Kashagan oilfield is to start in the nearest days
Earlier the country’s media reported that the oil production was to start September 9.
Oil production at the giant Kashagan oilfield to start September 9
Commercial production may start as early as before October 1: KazMunaiGas Head Sauat Mynbayev.
Kazakhstan and China agree on sales of 8.4% in Kashagan to China’s CNPC
The agreement is welcomed and supported by the two governments: China’s President Xi Jinping.
NCOC fined $10 thousand for dead seagulls
North Caspian Operating Company, the operator of Kashagan oilfield, located in Kazakhstan's sector of the Caspian Sea shelf, was fined $10 thousand for harming the environment.
