Kashagan shipped the first batches of oil for export
“18 800 tonnes of oil has been shipped for export to the pipeline system of ” KazTransOil ” JSC and 22.8 million cubic meters of marketable gas to trunking system of ” Intergas Central Asia ” JSC ,” reported in the Ministry of Energy.
It should be noted that North Caspian consortium start up work and testing the equipment at maritime and onshore complex on September 28, 2016. A few wells of “A” island were opened. After stabilization of the marine complex, oil and gas equipment was shipped to “Bolashak” plant.
“There is an ongoing commissioning operation of the equipment at maritime and onshore complex, testing of instrumentations and automated control systems of technological processes. Getting it into stable operations mode will take some time,” the Ministry said.
The Kashagan field is one of the world’s largest oil discoveries of the last forty years, and its recoverable oil reserves are approximately 9-13 billion barrels. Given the complexity and specific nature of production safety, design, logistics and severe climatic and environmental conditions, Kashagan is the most complex project in the world industry.
The development of the “Kashagan” field will be implemented in several stages. Currently, implementation of the first stage is under way, known as the “experimental-industrial development program.” Subsequent phases of the field development after the ODA are at the planning stage.
The participants of the consortium are: Agip Caspian Sea B.V (16.807%), CNPC Kazakhstan B.V (8,333%), ExxonMobil Kazakhstan Inc. (16.807%), INPEX North Caspian Sea, Ltd. (7.563%), KMG Kashagan B.V (16.877%), Shell Kazakhstan Development B.V (16.807%) and Total EIT Kazakhstan (16.807%). North Caspian Operating Company N.V is authorized operator on behalf of the contractor companies for the activities carried out in accordance with the Production Sharing Agreement for the North Caspian Sea.
Source: The Prime Minister of Kazakhstan