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Kazakh Minister: All Kashagan Pipelines To Be Replaced

Screen Shot 2013-07-15 at 07.03.50Extracts from a Reuters article by Olesya Astakhova published 15 May 2014

MOSCOW, May 15 (Reuters) – The consortium developing the giant Kashagan oilfield will have to replace the entire pipeline system at the deposit, Kazakhstan’s oil minister said on Thursday, confirming that output there would not resume this year. The North Caspian Operating Company (NCOC) developing Kashagan said last month that it did not expect to produce oil this year due to the leaks. NCOC includes Eni, Exxon Mobil, Royal Dutch Shell, Total, China’s CNPC, Japan’s Inpex and Kazakh state-run company KazMunaiGas. 

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