Central Asia on the move
States are looking for energy output, Central European ones for diversification and integration
Kazakhstan's oil production in 2018 promises finally to get the boost that the government has been banking on since the Kashagan project was first meant to come on line in 2005. Assuming no repetition of problems that have delayed this Caspian Sea project by 12 years, Kashagan should see output rise to around 370,000 barrels a day in 2018, up from 270,000 b/d in the last quarter of 2017, and to 450,000 b/d within two years—the Phase 1 design capacity first envisaged by the consortium's partners (see map). This Kashagan production will help reverse the decline in Kazakhstan's crude output, which the energy ministry says will end 2017 at around 1.7m b/d. That's in line with the quota it agreed
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
