Commercial production on Kashagan field will begin in 2016: E.Dosayev
In 2016, implementation of large projects in oil and gas sector will be continued. Commercial production on the Kashagan field will begin in December this year. The minister of national economy Erbolat Dosayev said at the meeting of the government of the Republic of Kazakhstan, BNews.kz correspondent reports.
"In 2016 implementation of large projects in oil and gas sector will be continued. In December, 2016 commercial production on the Kashagan field will be begin, expansion of Caspian Pipeline Consortium to be completed, in April, 2016 active implementation of the project of future expansion of Tengizshevroil LLP will begin in December, 2017 construction of the gas pipeline of Beyneu-Bozoy-Shymkent is completed. Until the end of 2017 it is planned to finish reconstruction and modernization of the Kazakhstan oil refineries in Atyrau, Shymkent and Pavlodar that will allow to provide completely since 2018 domestic market with domestic oil products," he said.
For creation of new resource base and long-term stability of raw sector, taking into account liberalization of the legislation in geological exploration on the Australian method ("the first came the first received" - a comment) work on development of new mineral deposits will be carried out.