KMG announces plans for oil production in Kashagan

FILE PICTURE

The giant Kashagan oil field in the Kazakh sector of the Caspian Sea.

Caspian oil field to boost production in Kazakhstan


ASTANA - By the end of this year, the volume of oil production at the Kashagan field will be 370,000 barrels per day, SauatMynbayev, chairman of the board of the National Company KazMunayGaz joint-stock company, told a briefing.

“Work continues on the commissioning of equipment on the sea and land complexes. Since the beginning of renewal of production more than 2 million tonnes of oil and more than 1 billion cubic metres of gas have been extracted,” he said.

“To increase the level of oil ...


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