Viewing results 1 - 6 of 36
ASTANA (TCA) — A spokesman for Moldovan businessman Anatolie Stati says that Stati will demand the sale of a $5.2 billion stake in Kazakhstan’s Kashagan oil field in the Caspian Sea if Astana refuses to pay an arbitration award, RFE/RL reports. Continue reading
ASTANA (TCA) — The maximum potential of Kazakhstan’s Kashagan oil field will be revealed in 25-30 years, when oil extraction at the Caspian field is to reach 60 million tons per year to remain at that level for a long time, the President of the Kazakhstan Society of Petroleum Geologists Baltabek Kuandykov said in an interview with PrimeMinister.kz. Continue reading
ATYRAU, Kazakhstan (TCA) — Official presentation of Kazakhstan’s huge offshore Kashagan oil field took place on December 7 in Atyrau with the participation of Kazakhstan President Nursultan Nazarbayev, the Kazakh Energy Ministry said. Continue reading
ASTANA (TCA) — The Ministry of Energy of Kazakhstan has officially confirmed the start of commercial oil production at huge Kashagan oil field located in the Kazakh sector of the Caspian Sea. This indicates the transition of the North-Caspian oil and gas project from the pilot development phase to production phase, the official website of the Prime Minister of Kazakhstan reports. Continue reading
ASTANA (TCA) — Kazakhstan’s Energy Ministry expects oil production at the Kashagan oil field to be at four to seven million tons in 2017, Energy Minister Kanat Bozumbayev said on the sidelines of the Kazakh Parliament meeting on October 27, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Minister of Energy of Kazakhstan Kanat Bozumbayev says that currently, four wells are producing 90 thousand barrels of crude oil per day at the huge Kashagan oil field in the Kazakh sector of the Caspian Sea, the official website of the Prime Minister of Kazakhstan reports. Continue reading
