13.08.2010, 12:18 2903

Deadline for development of second phase of Kashagan postponed to 2018 - 2019

The terms of development of the second phase of Kashagan have been postponed to 2018 - 2019. The head of KazMunaiGas Company, Kairgeldy Kabyldin, informed at the session of the Board of Directors of the National Fund Samruk-Kazyna, the agency reports.

Astana. August 13. Kazakhstan Today - The terms of development of the second phase of Kashagan have been postponed to 2018 - 2019. The head of KazMunaiGas Company, Kairgeldy Kabyldin, informed at the session of the Board of Directors of the National Fund Samruk-Kazyna, the agency reports.

"We, last year, signed the memorandum with French companies. We have defined all technical and economic indicators of this project," K. Kabyldin reminded.

"The group of six companies, participants of Kashagan, on July 27, informed the Minister of Oil and Gas that the Kashagan deposit, its terms of realization of its second phase will be postponed until 2018 - 2019, which will also influence the beginning of realization of this project," he informed.

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