KazTransOil Announces Volumes Of Kashagan Oil Pumping
The pipeline system of Kazakh KazTransOil company got 18,900 tons of Kashagan oil as of October 18, the company reported.
Kashagan started supplies of oil to KazTransOil’s pipelines on October 11.
KazTransOil will pump Kashagan oil to export through Atyrau-Samara pipeline. In early November this oil will be shipped through Russian port of Ust-Luga in the Gulf of Finland.
Moreover, this week Caspian Pipeline Consortium’s (CPC) said that its pipeline system receives up to 10,000 tons per day of Kashagan oil. CPC is expected to pump up to 1 tons of Kazakh Kashagan oil till the end of 2016 and up to 12 million tons of Kashagan oil in 2017.
Kashagan is a large oil and gas field in Kazakhstan, located in the north of the Caspian Sea. Its total oil reserves amount to 38 billion barrels. Some 10 billion out of them are recoverable reserves. Kashagan’s natural gas reserve exceeds one trillion cubic meters. Oil production at Kashagan was launched in Oct. 2016.
KazTransOil is Kazakhstan’s national operator of the main oil pipelines. The company operates a network of 5,400 kilometers long main oil pipelines and 2,000 kilometers long water pipelines.