35,000 tons of oil to be extracted in Kashagan field in December

Jun 06, 2016 12:00 AM

Oil production will be launched at the Kashagan field in December, the Kazakh Minister of Energy reported at the meeting in Astana. According to Kanat Bozumbayev, the initial volume is estimated at 35,000 tons of oil.

In the meantime, before the launch of Kashagan field, the main production this year will fall on Tengiz field - almost 27 million tons and Karachaganak - more than 11.5 million tons.

The issue of financing these projects’ expansion will be addressed in the nearest future. It is planned to increase the production of black gold in the coming years.

Kanat BOZUMBAYEV, KAZAKH ENERGY MINISTER: Concept of the further development of the Karachaganak field to increase the volume of gas injection for an extended period of stable production of liquid hydrocarbon is being considered currently. Cooperating with the contractor, we are optimizing the concept in order to increase the country's income. Decision on the draft Karachaganak expansion is expected to be announced in 2017. In 2022 new facilities are supposed to be commissioned.

70 settlements to be gasified by 2018

Plans on the further gasification of the country was also discussed at the meeting. 70 more settlements in the West Kazakhstan, Kostanay, Zhambyl, Almaty and Kyzylorda regions will be provided with gas until 2018. Beineu-Bozoi-Shymkent gas pipeline is expected to facilitate the plans.

Kanat BOZUMBAYEV, KAZAKH ENERGY MINISTER: Line pipe of Beineu-Bozoi-Shymkent gas pipeline has been built and operated within the framework of the state program of the Industrial and Innovative Development. This project will facilitate the gasifying of about 600 settlements in the southern regions of the country. In addition, it opens up the possibility of exporting gas to China.



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