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Caspian

Kazakhs Eye New Kashagan Expansion

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Kazakhstan and the international consortium overseeing the Kashagan project are studying a major new expansion that would double oil production from the giant offshore field to 700,000 barrels per day from last year's levels. A final investment decision on the project — dubbed "2B" — is earmarked for 2024 with start-up due six years after that.

Topic:
Offshore Oil and Gas
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