Kazakhstan

Oil production at Kashagan field amounted to 9.5mn mt in January-September

Oil production at the Kashagan field in January-September this year amounted to 9.5 million tons, said Kazakhstan’s Deputy Energy Minister Makhambet Dosmukhambetov.

“Oil production for the first 9 months of 2018 for three major projects amounted to 40.2 million tons, including at the Kashagan field – 9.5 million tons, at Tengiz – 21.5 million tons, at Karachaganak – 9.2 million tons,” said M. Dosmukhambetov at a government meeting in Astana.

Oil production at Kashagan is planned at the level of 10.8 million tons in 2018. In 2017, 8.35 million tons of oil was produced at Kashagan.

Kashagan is the first offshore oil and gas field in the Kazakh sector of the Caspian Sea, as well as the largest international investment project in the country. Commercial production at the field began on November 1, 2016