site.news_by_theme Kashagan

Kashagan's development in Kazakhstan has already absorbed $116 billion, which makes the project one of the most expensive discoveries of the last 40 years.

• 29 ноября 2012, 19:25

Independent expert Olzhas Baidildinov of Kazakhstan has expressed his opinion on the news about ConocoPhillips intent to sell its stake in Kashagan to Indian ONGC.

• 28 ноября 2012, 19:36

A day before ConocoPhillips announced its intentions in a press-release, according to which the deal is expected to be finalized in the H1 2013.

• 27 ноября 2012, 14:23

The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.

• 26 ноября 2012, 23:11

Head of the Kazakh Government was briefed on the plant’s readiness to receive commercial oil from the giant Kashagan oilfield.

• 23 ноября 2012, 23:19

Kazakhstan President Nursultan Nazarbayev met with Eni's CEO Paolo Scaroni.

• 03 октября 2012, 11:57

Speaking at the 7th Eurasian forum KAZENERGY, Sauat Mynbayev noted that Kashagan is expected to bring profits in 2013.

• 03 октября 2012, 09:06

The Minister elaborated that “no official announcements have been made”.

• 02 октября 2012, 18:03

The decision was taken not to start the production amidst severe winter conditions.

• 28 августа 2012, 11:11

The second and third phases of the project will start on time and the profitability of the field time-wise is estimated until 2112: KazMunaiGas.

• 18 июня 2012, 15:22

Among other things, the sides have agreed to finance KazMunaiGas’ share of investments in 2012-2013 out of the consortium’s funds.

• 23 мая 2012, 23:51

Everything will be completed and pilot exploitation will start by the end of the year: KazMunaiGas chairman.

• 17 мая 2012, 19:45

Early May Сorriere della Sera, an Italian newspaper, ran a material that Milan Prosecutor Office reportedly suspects Eni of bribing at the time of signing the deal on development of the Kashagan oilfield.

• 17 мая 2012, 13:53

Plans are there to bring the production figure up to 350 000 barrels a day or even up to 450 000 barrels a day at the first stage of the oilfield development.

• 15 мая 2012, 10:50

Kazakhstan Oil and Gas Ministry considers foreign media's accusing of Eni company of bribery during signing of contracts on Kashagan oil and gas field an internal battle between participants of the project.

• 12 мая 2012, 16:39

The National Oil Fund assets managed by the National Bank will be used to purchase the bonds.

• 28 апреля 2012, 11:37

According to KMG, the Company plans to invest $8 billion into the project before 2014, with the total of investments into a range of projects standing at $20 billion.

• 05 апреля 2012, 17:28

As of today, Kazakhstan-based refineries process a bit over 13 million tons a year. Plans are there to increase oil processing up to 17.5 million tons by 2015.

• 29 февраля 2012, 16:37

According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.

• 29 февраля 2012, 15:24

The oilfield lies some 4,200 meters below the shallow waters of the northern part of the Caspian Sea and is highly pressured (770 bar of initial pressure).

• 10 февраля 2012, 14:58