Thursday, January 25, 2007
Karachaganak output holds steady
19 January 2007 - Upstream onLine - Crude output from Karachaganak, one of Kazakhstan's biggest onshore oilfields, reached 10.4 million tonnes in 2006, barely changed from 10.317 million tonnes the previous year, a project shareholder said. Natural gas production from the field increased to 11.9 billion cubic metres from 11.5 billion a year earlier, said Russia's Lukoil, which is a shareholder in the operating consortium. The UK's BG Group and Italy's Eni each hold 32.5% in the project, while Chevron holds 20% and Lukoil 15%, Reuters reported.
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