Russian Transneft ready to transport Kashagan oil in case of stable supply
Azerbaijan, Baku, Sep. 12 / Trend, E. Kosolapova/
Russian oil transport company Transneft is ready to transport oil from Kazakh Kashagan field if supplies are stable, Prime news agency reported with the reference to company's spokesman Igor Demin.
According to Demin, Kazakhstan applied to Transneft for Kashagan oil transit through Atyrau-Samara pipeline in summer. This issue was discussed within the talks with Kazakh party on August 30, he said.
"We agreed that Kashagan oil can be pumped through Atyrau-Samara pipeline, but to start its transportation we need to know the amount of supplies and these supplies should be stable," he said.
According to Demin, presumably Kashagan will give stable oil supplies at the end of 2013.
Oil production at Kashagan oil and gas field was launched on Sep. 11
Kashagan is a large oil and gas field in Kazakhstan located in the north of the Caspian Sea. Its geological reserves are estimated at 4.8 billion tons of oil. The total oil reserves amount to 38 billion barrels, some 10 billion out of them are recoverable reserves. There are large natural gas reserves at the Kashagan field - over one trillion cubic meters.