Milestone reached for Kashagan oil field
More than 7 million barrels of oil produced and exported from the Kashagan oil field off the coast of Kazakhstan since late 2016. Photo courtesy of the North Caspian Operating Continue Reading
Blast hits Azeri gas pipeline near Baku: Ministry
An explosion has occurred at a gas pipeline near Azerbaijan’s capital Baku early on Monday, the country’s Emergencies Ministry said, the second such incident in a week. An explosion hit Continue Reading
Power Crisis Looms In Tajikistan
When the first snow fell in late November in Tajikistan, it caught many by surprise, including the country’s power providers. The last two years have accustomed Tajiks to unusually short Continue Reading
A Nation That Capped Year of Devaluations in 2015 Is at It Again
Azerbaijan can’t seem to turn the page on what’s been a year of currency jitters following its 50 percent devaluation in 2015. Dollars are again in short supply in Azerbaijan’s Continue Reading
Kazakh President Says Partners in Shell Oil Field Face Tax Claim
Kazakhstan’s authorities are looking at whether the Karachaganak oil and gas venture, which includes Royal Dutch Shell Plc and Eni SpA, has unpaid taxes. “The tax authorities have tax issues Continue Reading
Azerbaijan signals OPEC wants big cuts from non-OPEC producers
OPEC may ask oil producers outside the cartel to make big cuts in output, Azerbaijan said on Thursday, highlighting the challenges in striking a deal as the two sides enter Continue Reading
Commercial production started at giant Kashagan oil field
Commercial production from the giant Kashagan oil field in the Caspian waters of Kazakhstan has begun, a spokesperson for a regional operating company said. Production at Kashagan, which holds an Continue Reading
Kazakhstan’s Kashagan Produces 201,000 Tons Of Oil In October
Kazakhstan’s Kashagan oil field produced about 201,000 tons of oil in October, its first full month of operation, data from the Energy Ministry’s analytical center showed. MOSCOW, Nov 14 (Reuters) Continue Reading
Kashagan crude oil ready for exports
The first batch of crude oil from the giant Kashagan oil field off the coast of Kazakhstan has been processed and is destined for exports, an operator said. “North Caspian Continue Reading
Oil From $50 Billion Kashagan Field Starts Flowing to Export
Giant Kazakh deposit pumps crude for export to world markets Offshore, onshore commissioning work continues at Kashagan Kashagan, a vast oil field in the Caspian Sea, sent its first crude Continue Reading