Middle East Economic Survey

VOL. LIV

No 5

31-Jan-2011

CASPIAN

KMG Reports ‘Signs Of Hydrocarbons’ From N-Block Well

The CEO of Kazakh state oil and gas company KazMunaiGaz (KMG), Kairgeldy Kabyldin, told a press conference on 24 January in Astana that the ConocoPhillips-operated consortium that is exploring on the 8,100 sq km Nursultan Block (N-Block) has found significant “signs of hydrocarbons” in the first exploration well, which was started less than a month...