Kazakhstan intends to build a gas processing plant at oilfield in west of Kazakhstan – Kashagan, Minister of Energy Nurlan Nogayev told a briefing on May 27.
“We are working to achieve the level of oil production at the Kashagan field up to 450,000 barrels per day by 2022. We are also working on a project to build a gas processing plant and modernize compressors,” the minister said.
According to him, energy ministry together with contractors is working on a roadmap for the second stage of the Kashagan field. “The construction of a gas processing plant with a capacity of 1 billion cubic metres in the contract period will additionally provide about 8 million tonnes of oil,” Nogayev said.
On April 14, the Kazakh energy minister said that in the first quarter of this year, oil production in Kazakhstan increased by 2.6% compared to the same period in 2019 and amounted to 23.6 million tonnes. Moreover, Kazakhstan took commitments to reduce daily oil production by 390,000 barrels under the OPEC + agreement, which provides for a collective reduction in oil production by 9.7 million barrels per day in May-June this year.
Kashagan is a large offshore oil and gas field of Kazakhstan which is located in the northern part of the Caspian Sea with oil reserves of 6 billion tonnes of oil.
