Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Licensing round December update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Digitalisation the new normal
Covid-19 has accelerated the shift towards greater digital maturity for oil and gas operators
Brent heads for $82/bl as Opec+ holds steady
The cartel dashes expectations it might boost production ahead of schedule
Mixed outlook for Mauritania’s upstream
As a major LNG scheme continues to advance on the Mauritania-Senegal border, other Mauritanian upstream prospects may be left behind
Iraq shrugs off partner uncertainty to lift long-term target
The country has lifted its long-term production target to 8mn bl/d despite continued murmurings about IOC dissatisfaction
Great Australian Bight closes for business
Santos joins the list of developers to withdraw from the region, deeming it too risky
TotalEnergies and Angola sign block 29 deal
The country’s offshore upstream remains a draw for IOCs even as they grow increasingly selective about their portfolios
Bay of Bengal gas project advances
Reliance continues to progress its KGD6 development, but the scheme has experienced some delays
Iraq and IOCs: A complex web
Baghdad needs to improve its relationship with international partners. But beware assuming there are easy answers
Letter from Africa: Upstream opportunities abound as majors step back
There are plenty of large sellers and smaller buyers, but there may be a medium-size missing piece
Kazakhstan Azerbaijan Opec BP
NJ Watson
15 February 2018
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Central Asia on the move

States are looking for energy output, Central European ones for diversification and integration

Kazakhstan's oil production in 2018 promises finally to get the boost that the government has been banking on since the Kashagan project was first meant to come on line in 2005. Assuming no repetition of problems that have delayed this Caspian Sea project by 12 years, Kashagan should see output rise to around 370,000 barrels a day in 2018, up from 270,000 b/d in the last quarter of 2017, and to 450,000 b/d within two years—the Phase 1 design capacity first envisaged by the consortium's partners (see map). This Kashagan production will help reverse the decline in Kazakhstan's crude output, which the energy ministry says will end 2017 at around 1.7m b/d. That's in line with the quota it agreed

Also in this section
Do not underplay China’s long-term gas growth narrative
6 June 2025
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
Woodside adopts considered approach to Louisiana LNG
6 June 2025
CEO Meg O’Neill explains the virtue of patience in offtake discussions amid tariff tensions
India’s oil demand looks to EV threat
6 June 2025
Two wheels rather than four appear to be the biggest game-changer for India’s road oil use
Canada’s energy superpower ambition
5 June 2025
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search