X
X

Shake-Ups At Kashagan

A Eurasianet partner post from RFE/RL

The setbacks for Kazakhstan's enormous Caspian oil field, Kashagan, seem to just keep coming.

Over the course of recent weeks, it was officially confirmed that production at the field, once targeted to start in 2005, will be delayed another two years, the head of the consortium operating the project resigned, Kazakhstan's state energy company restructured its participation in Kashagan, and now the structure of the companies operating the project is reportedly about to undergo a change.

Qishloq Ovozi noted earlier that the two pipelines leading from the offshore oil field to Kazakhstan's mainland, each some 90 kilometers long, would probably need to be entirely replaced. That has been officially confirmed since then. Now project officials, Kazakh officials, and oil industry analysts predict production will not start any sooner than the end of 2015 and possibly not until sometime in 2016.

To read the full story

Copyright (c) 2014. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.

A Eurasianet partner post from RFE/RL

Shake-Ups At Kashagan

1 / 1
X
> <