Kazakh energy ministry reveals amount of oil produced at Kashagan and Tengiz oilfields

A total of over 647 million tons of oil have been produced at the Tengiz and Kashagan oilfields

Since the development of Kashagan and Tengiz oilfields, 647.6 million tons of oil (97.8mln at Kashagan and 549.8mln at Tengiz) have been produced, said the energy ministry.

Kashagan Field is an offshore oil field in Kazakhstan’s zone of the Caspian Sea. The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world’s largest discovery in the last 30 years, combined with the Tengiz Field. It holds 9-13 billion barrels of oil reserves. Tengiz holds the second largest oil reserves in Kazakhstan – 3.13 billion tons.

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