Related Articles
Outlook 2018
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 agree

Also in this section
Methane rises on investors’ risk radar
20 June 2018
Methane emissions are forming an important part of investors' broader climate change strategy
Latest licensing rounds
18 June 2018
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Tech firms jostle for a slice of the FLNG pie
12 June 2018
BHGE, Black and Veatch, TechnipFMC and a host of other firms are honing their FLNG products