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Kashagan Field Overcomes 2022 Production Issues

OIL

Kazakhstan’s Kashagan oil field is having a strong year in 2023 after overcoming a slew of issues in 2022 according to TotalEnergies' chairman Frode Ljones speaking with Platts.

  • Current Kashagan production is "a bit" under 430,000 b/d, Ljones said.
  • "Kashagan today is producing very well. This year has been an excellent year," Ljones said.
  • On CPC exports he said, "CPC has been very stable, no problem at all."
  • Adding, "We haven't had any issues transporting oil from the Black Sea -- of course you've seen that it's taking longer time to get through the [Turkish] Straits and Turkey and so on... to get the paperwork done, and bad weather sometimes, but it's not necessarily linked directly to the war in Ukraine,"
Energy BulletsCommodities
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