* Pumping 61,000 barrels per day after resuming production
* Kashagan to boost output to 12 mln T in 2015 from 8 mln T
* Kazakhstan's overall oil output seen at 108 mln T by 2025
By Mariya Gordeyeva
ASTANA, Oct 8 Kazakhstan's giant Kashagan
oilfield is pumping 61,000 barrels per day (bpd) after resuming
production halted by an accident last month, Sauat Mynbayev, the
head of Kazakh state oil and gas firm KazMunaiGas, said on
An international consortium developing the mammoth reservoir
has to achieve what is called "commercial output" of 75,000 bpd
this month in order to meet contractual obligations.
Work at the field in the Caspian Sea off western Kazakhstan,
which is one of the world's largest oil finds in decades, was
halted on Sept. 25 after a gas leak was detected.
Production was restarted "without complications" on Oct. 6,
the Oil & Gas Ministry said.
Prior to the accident, Kashagan was producing between 48,000
and 50,000 bpd, according to senior Kazakh officials.
"They have now achieved 61,000 bpd," Mynbayev told reporters
on the sidelines of an annual oil and gas conference. "They have
made up for the lost tempo."
The accident will not lead to a revision of plans to produce
8 million tonnes of crude next year, he said.
That is set to rise to 12 million tonnes of crude in 2015,
Kazakh Oil & Gas Minister Uzakbai Karabalin told reporters on
Central Asia's largest economy and the second-largest oil
producer in the former Soviet Union after Russia, Kazakhstan
plans to boost oil output to 82 million tonnes this year from
79.2 million in 2012.
Kazakhstan's overall oil production, which includes the
onshore Tengiz oilfield and the giant Karachaganak oil and gas
condensate deposit, is set to rise to 108 million tonnes by
2025, both Mynbayev and Karabalin said on Tuesday.
It took about 13 years and some $50 billion before output at
Kashagan was launched on Sept. 11.
The field is estimated to contain 35 billion barrels of oil,
of which 9 billion to 13 billion barrels are recoverable.
KazMunaiGas, Italy's ENI, U.S. major
ExxonMobil, Royal Dutch Shell and France's
Total each hold 16.81 percent stakes in Kashagan.
Japan's Inpex owns 7.56 percent.
China National Petroleum Corp (CNPC) acquired an
8.33 percent stake this year.
Estimated to be worth $5 billion, that deal followed
Kazakhstan's decision in July to use its pre-emptive rights to
buy an 8.40 percent stake from U.S. oil major ConocoPhillips
in the field for a similar price.