Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Kazakhstan's Kashagan oilfield may produce up to 11 mln T in 2017 - ministry

Tue, 22nd Nov 2016 15:14

MOSCOW, Nov 22 (Reuters) - Kazakhstan's Kashagan oilfieldmay produce up to 11 million tonnes (221,000 barrels per day) in2017 in the absence of major technical faults, the EnergyMinistry said on Tuesday in a written response to Reuters.

"The forecast for Kashagan oil production is between 4 and 8million tonnes. However... in the absence of technologicalcomplications, Kazakhstan expects Kashagan's output at 11million tonnes," the ministry said about the 2017 plans.

(Reporting by Alla Afanasyeva; writing by Vladimir Soldatkin.Editing by Jane Merriman)

Related Shares

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...

7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...

31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.