Azerbaijan, Baku, Dec. 12 / corr Trend E.Ismayilov /
Oil production from the Kashagan field in the Kazkakh section of the Caspian Sea should launch in accordance with schedule in 2014, Kazakh Association of Oil and Gas and Energy Organizations KazEnergy Director General Janbulat Sarsenov said in Baku on Friday.
"We believe to meet the schedule in 2014," Sarsenov said.
Sarsenov said transportation is only one part of the project. Technological provision, ecology and personnel policy are the most important issues, which should be solved by 2014.
By the end of 2009, within in the first phase of construction of Kashagan project, over 70 percent of the work will be completed, the managing director of North Caspian Operating Company BV (NCOC) Pierre Offan declared in September.
Since 2008, NCOC has been serving as the operator of the North-Caspian project. The participants of the international consortium developing Kashagan are KazMunayGaz, Eni, ExxonMobil, Shell, TOTAL, ConocoPhillips, INPEX.
Kashagan field's reserves are estimated at 35 billion barrels (more than 4.5 billion tons). Part of oil to be produced on this field will be transported through the territory of Azerbaijan.
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