site.news_by_theme Kashagan
Managing Director of Kashagan's agent NCPOC resigns
Managing Director of NC Production Operations Company (NCPOC) that develops Kashagan field has announced his resignation.
17 May 2013
Structural changes possible at Kashagan: an informed source
According to the source, the country’s Minister of Oil and Gas Sauat Mynbayev reportedly asked the governor of Atyrau oblast to persuade the operator to start production early July.
06 May 2013
First commercial oil at Kashagan to be produced by July 6
The country’s Oil and Gas Ministry has been pressing the project’s operator to have the first oil secured by the capital city’s birthday.
06 May 2013
China controls almost 40 percent of Kazakhstan's hydrocarbons: media
China already controls almost 40 percent of Kazakhstan’s hydrocarbon assets: Indian media.
02 May 2013
Plans are there to produce 1.5-3 million tons of oil at Kashagan this year
Earlier Tengrinews.kz reported, citing the country’s Minister of Economic Affairs and Budget Planning Erbolat Dossayev, that the start of commercial production at Kashagan might be further delayed.
29 April 2013
Kazakhstan isn’t interested in boosting its share in Kashagan oilfield
We are content with the 16.8% we have in the project: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.
29 April 2013
Labor conflict at D island at Kashagan
The protest action was initiated by UK citizens opposing to their two country fellowmen’s dismissal.
24 April 2013
China ready to purchase stake in Kashagan: media
Chinese state and private companies are nearing the finish line in procurement of stakes in Kashagan project, Nursultan and Abai blocks.
23 April 2013
Commercial production at Kashagan to be further delayed
The postponement is due to testing of the equipment: Minister of Economic Affairs and Budget Planning
23 April 2013
Mynbayev supports foreigners working at Kashagan
Minister Manybayev was asked in the Majilis about the social inequality of Kazakhstan citizens and foreigners working in oil and gas.
23 April 2013
Kashagan consortium partners not willing to purchase ConocoPhillips’s stake: Oil Minister
According to him, a potential stakeholder should be fully aware that the bulk of investments is still ahead.
19 April 2013
China interested in purchasing ConocoPhillips’s stake in the giant Kashagan oilfield
According to Kazakhstan’s Oil and Gas Minister, acquiring a stake in Kashagan might be a way to boost the volume of crude to be shipped to China.
16 April 2013
Kazakhstan planning to boost oil production output to 120 million tons a year by 2020: PM Serik Akhmetov
In 2012 Kazakhstan produced a total of 79.211 million tons, including condensed gas, 1.1% down as compared to 2011.
05 April 2013
Decision on purchasing СonocoPhillips’s stake in Kashagan to be taken before May 25
According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
15 March 2013
Accident at Kashagan field in Kazakhstan
An accident has happened at one of the drilling rigs on artificial island D of Kashagan oil field in Kazakhstan's part of the Caspian Sea.
07 March 2013
KazMunaiGas expects increase of explored oil reserves
Intensification of geological exploration works is one of the main ways to increase the resources potential: KazMunaiGas deputy chairman.
14 February 2013
Oil and gas Ministry tasked to pay greater attention to large-scaled projects at Tengiz, Karachaganak and Kashagan
According to the PM, these oilfields’ share in the overall hydrocarbons production output will make up over ½.
28 January 2013
No decision on buying ConocoPhillips’ stake in Kashagan yet
Oil and Gas Minister emphasized that the decision is to be taken by a special inter-agency committee that is carefully studying the issue at the moment.
22 January 2013
Kazakhstan doesn’t rule out external borrowings to purchase ConocoPhillips’s stake in the giant Kashagan oilfield
The consortium developing the field comprises Eni, Shell, ExxonMobil, Total and KazMunaiGaz (all with a 16.81% stake) as well as ConocoPhillips (8.4%) and Japan's Inpex (7.56%).
25 December 2012
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