Kashagan: Exports First Million Tonnes of Crude and Condensate

North Caspian Operating Company N.V., Operator of the first offshore oil and gas project in the Kazakhstan sector of the Caspian Sea, announced that as of 8 January it has safely produced and exported one million tonnes of crude oil and condensate from the Kashagan field.

Production commenced in September 2016 and is currently ramping up to a capacity of 180,000 barrels per day. Once associated (sour) gas reinjection is started up and optimized, Kashagan Phase 1 is expected to reach production capacity of 370,000 barrels per day.