Middle East Economic Survey

VOL. LIII

No 50

13-Dec-2010

CASPIAN

Kazakh Minister Says Kashagan Early Oil Due End-2012

Kazakhstans Minister of Oil and Gas Sauat Mynbayev announced last week that the North Caspian Operating Company (NCOC) has brought forward its estimated date for the start-up of the early oil phase for the giant Kashagan field. Contractual obligation was to start in October 2013 but [the oil companies] think they will begin it from the end of 2012, Mr Mynbayev told reporters....