Middle East Economic Survey
VOL. LIII
No 31
2-Aug-2010
CASPIAN
KMG And Shell To Lead Kashagan Phase 2 Development
Kazakh state firm KazMunaiGaz (KMG) secured an agreement on 23 July allowing it to co-manage all production operations of the North Caspian Operating Company (NCOC), which operates the giant offshore Kashagan field and three smaller offshore fields, Kairan, Aktoty and Kalamkas. According to a 2009 agreement between the five main NCOC partners ExxonMobil, Shell, KMG, Total and Eni,...
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