Kazakh official releases production estimate for Kashagan field

09/19/2013 | Reuters

The Kashagan oil field in Kazakhstan is expected to produce about 8.81 million tons of crude next year, said Uzakbai Karabalin, the country's oil and gas minister. "We already have [output of] around 40,000 barrels per day, and we hope they will achieve commercial production there in early October," Karabalin said. ExxonMobil, Royal Dutch Shell, Eni, Total, Inpex and KazMunaiGas all hold shares in the Kashagan project.

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