Oil export through BTC from Kashagan field to reach 9 million tons a year

Oil&Gas Materials 28 January 2006 12:51

A general plan for oil production at the Kazakhstan Kashagan field will enable to export crude through the Baku-Tbilisi-Ceyhan (BTC) pipeline in the volume of 570,300 tons a year at the first stage of the contract area development in 2008, the sources close to the project told Trend.

The Kashagan stock-holders and at the same time the BTC investors are the following companies: Eni, Inpex, TOTAL and ConocoPhillips. The PSA Kashsgan partner companies are: ENI 18,52%; KazMunaygaz Oil Company - 8,33%; ExxonMobil Kazakhstan Inc.- 18,52%; Shell Kazakhstan Development B.V. - 18,52%; Total Kazakhstan -18,52%; ConocoPhillips - 9,26%; Inpex North Caspian Ltd. - 8,33%.

According to the sources, 3,42 tons of oil annually is planned to supply through BTC pipeline by 2010. В"The total oil production at the field during this period will make 450,000 barrels a day, the source pointed out.

6,84 tons of oil annually will be delivered through BTC by 2013 by the production of 900,000 barrels daily at Kashagan. 9, 125 tons of oil is supposed to be supplied through BTC by 2016, by the total production of 1,2 million barrels daily on the area.

BTC will be mostly filled by the Azeri Light brand oil from the Azeri-Chirag-Gyuneshli (ACG) oil field. The BTC design throughput capacity is 50 million tons of oil a year. There exist perspectives for the capacity extending to 70-80 million tons on the account of the chemical reagents use and construction of the pumping stations. At the first stage (from 2005 to 2008-2009) the pipeline capacity will be 25 million tons. Since 2008-2009 the capacity will be 50 million tons.