Search for Kashagan

05.06.2014 Kazakhstan to increase production at other fields to compensate losses at Kashagan

Kazakhstan is working to increase oil production at other fields in order to compensate losses from the idle Kashagan field, according to Kazakh Economy and Budget Planning Minister, Yerbolat Dossayev, Trend reported on June 4.

28.05.2014 New operator to run Kazakhstan’s Kashagan field

A new operator will be created for developing Kazakhstan's Kashagan oil and gas field, the country's Oil and Gas Minister, Uzakbai Karabalin said at a press conference on May 27, Trend has reported.

16.05.2014 Azerbaijani BTC to transport oil from Kazakh Kashagan field

Once the oil production at Kazakhstan's Kashagan offshore field increases, some portion of this oil will be transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline, Azerbaijan's Energy Minister, Natig Aliyev said, Trend reported on May 15.

14.05.2014 OPEC sees balanced oil market in 2014

The global oil market will remain “fairly balanced” in 2014 as supply disruptions including delays at the Kashagan field in Kazakhstan prevent the build-up of a surplus, according to OPEC, Bloomberg said on May 14.

30.04.2014 Eni doubtful on Kazakh Kashagan restart in 2015

Italian oil major Eni is not counting on any production from Kazakhstan's huge Kashagan oilfield this year or possibly next due to faulty welding at the $50 billion project, its CEO designate said, Reuters reported on April 29.

30.04.2014 Oil production at Kazakhstan’s Kashagan to be resumed no earlier than 2015

The information about the final timeframe of resumption of oil production at Kazakh Kashagan field will be available in the second half of 2014, the country's Minister of Economy and Budget Planning Erbolat Dossayev told journalists on April 29, Trend has reported.

23.04.2014 Total expects nothing from Kazakh Kashagan field in 2014

Kashagan, Kazakhstan’s largest oilfield that’s been halted following a leak, will probably go without any output this year and may yield a small quantity next year, said Total SA (FP), which owns a portion of the venture, Bloomberg reported on April 22.

15.04.2014 Kazakhstan to offset Kashagan oil field failure

Kazakhstan wants to offset the possible failure of the Kashagan oil project to produce this year by increasing output at other projects by at least 1.5 million tonnes (30,000 barrels per day), the Kazakh economy minister said on April 14, Reuters has reported.

10.04.2014 Kazakhstan discusses incentives for foreign investors

The preferences and privileges for foreign investors who decided to begin exploration in the country are being discussed in Kazakhstan, head of the "Society of Petroleum Geologists of Kazakhstan" Baltabek Kuandikov told the media on April 8, Trend reported on April 9.

08.04.2014 Kazakhstan’s Kashagan may fail to restart in 2014

Output at Kazakhstan's huge Kashagan oilfield may fail to restart this year if test results expected in May show cracks in the offshore part of its pipeline network, Kazakh Oil and Gas Minister Uzakbai Karabalin said on April 7, Reuters has reported.