VOL. XLVI

No 29

21-July-2003

CASPIAN

First Karachaganak Oil/Condensate Produced For Export Via CPC System

The Karachaganak Integrated Organization (KIO) has produced the first oil and condensate from the giant Karachaganak field for export via the Caspian Pipeline Consortium (CPC) system. A statement released on 15 July by KIO partner BG announced that oil and condensate designated for the CPC had been produced and that gas injection into the field had begun. BGs has a 32.5% interest in KIO,...