Kazakhstan's currently stagnant oil production is forecast to rise from 2017 after the Central Asian nation's huge Kashagan oilfield restarts output and the Tengiz project is expanded, a senior energy official said.
Kazakhstan's giant Kashagan oilfield will not be able to restart production before the end of 2013, said the chief executive of French oil company Total , one of the partners in the project.
Kazakhstan has been looking forward
Kazakhstan and an Eni-led consortium of oil majors have set January 15 as the new deadline for talks over the fate of the giant Kashagan oilfield, Kazakh energy minister Sauat Mynbayev said.
Kazakhstan is seeking a cash payment and a stake