Kazakhstan's Kashagan oilfield partially resumes output, repairs ongoing -NCOC (updated)

Equus Mining

17/08/2022 14:42

(Adds detail)
    MOSCOW, Aug 17 (Reuters) - North Caspian Oil Consortium
(NCOC), operator of the giant Kashagan oilfield in Kazakhstan,
has partially restored oil output from the field and repair
works are ongoing, the company told Reuters on Wednesday.
    "Currently production is partially resumed. A detailed plan
is being developed to resume full production. Repair work has
been started. A piece of piping which released gas is being
replaced," an NCOC representative said via email.
    Oil production on the field was shut down on Aug. 3 due to a
gas release.  urn:newsml:reuters.com:*:nL8N2ZH0TE
    NCOC said on Aug. 10 it was gradually restoring
output. urn:newsml:reuters.com:*:nL8N2ZM0ED
    As of Aug. 16, production was at 99,042 barrels per day
(bpd), according to two industry sources familiar with daily
output data, significantly below normal levels of
370,000-400,000 bpd.
    Kashagan output was also stopped due to planned maintenance
in June before being gradually restored and reaching an average
of 167,755 bpd in July.  urn:newsml:reuters.com:*:nL1N2ZG0S9
    Kashagan had planned to boost output to 500,000 bpd after
upgrades this month.  urn:newsml:reuters.com:*:nS0N2P4008
    The Kashagan consortium includes Eni  ENI.MI , ExxonMobil
 XOM.N , CNPC, Shell  RDSa.L , Total, Inpex  1605.T  and Kazakh
state energy firm KazMunayGaz  KMGZ.KZ .

 (Reporting by Reuters; Editing by Kirsten Donovan)