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Total reaffirms 2012 production start date at Kashagan 0

Posted on October 23, 2011 by Alex

Total reaffirms 2012 production start date at Kashagan Commercial production at the Kashagan oil field in Kazakhstan is expected to start in late 2012, Kazakhstan-Novosti reported, citing the deputy director of business development at Total E&P Russia, Maxim Marchenko.  Total is one of the seven oil companies developing the giant offshore project.

“At the end of 2012, we’ll launch initial production at 300,000 barrels per day at Kashagan,” Kazakhstan-Novosti quoted Marchenko as saying at an oil and gas conference in Moscow.  Last week, Umberto Carrara, the head of the Kashagan field’s operator in charge of the first phase, Agip KCO, reaffirmed the 2012 start date.

SOURCE: http://silkroadintelligencer.com/wp-content/files/srikznewsbrief_oct19_2011.pdf



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