Kazakhstan needs major expansions to handle the spike in oil exports expected once the offshore Kashagan field enters full production, Chevron informed.
Ian MacDonald, a vice president at the California-based supermajor, said Kazakhstan needs to boost its export capacity quickly to cope with anticipated production levels, The Wall Street Journal reported Wednesday.
"With Kazakhstan expected to add a minimum of over 1.5 million barrels a day of production over the coming 15 years, it needs new, dedicated and reliable export capacity, and it needs it urgently," he said.
The offshore Kashagan field was one of the biggest oil discoveries in the past three decades, but it lacks an export pipeline to hand exports.
Plans are in the works for an export system to bring oil from western Kazakhstan to Caspian ports and on to oil transit routes in Azerbaijan. That project, however, may not be completed by the time full production at Kashagan begins, the Journal reported.
Kazakh oil made its debut, meanwhile, through the Baku-Tbilisi-Ceyhan oil pipeline, the world''s second longest, in November, with promises of 120 million barrels of oil per year. This marked the first time crude oil outside Azerbaijan transited to the pipeline.




New Iranian leader wounded early in the war; remains out of public view
Tajikistan showcases its tourism potential at MITT-2026 in Moscow
Tens of thousands of children and adolescents in Tajikistan suffer from obesity, according to World Obesity Atlas
Tajikistan’s shift to a 12-year education system reveals a key issue: 180,000 school places needed
Tajikistan's ministry of transport calls for increased readiness due to severe weather conditions
Three civilian ships attacked in the Strait of Hormuz. UN Security Council calls on Iran to cease attacks on third countries
Somoni under pressure: how currency exchange rates have changed since the start of the U.S.-Israel war on Iran
In Tajikistan, the Children's Ombudsman Has Changed
China’s shift to RESs poses threat to traditional natural gas producers
How is Tajikistan’s oldest woman doing?
All news
Авторизуйтесь, пожалуйста