From: Justin Burke (JBurke@sorosny.org)
Date: Thu May 11 2000 - 10:34:27 EDT
KAZAKHSTAN OFFSHORE OIL-FILED CONTAINS 'MAJOR RESERVES.
'
Kazakhstan's Prime Minister Qasymzhomart Toqaev said on 10
May in the western port of Atyrau that the first test well
drilled by the Offshore Kazakhstan International Operating
Company (OKIOC) at the East Kashagan off-shore Caspian oil
field indicates that structure contains "big deposits of
oil," Reuters reported. Toqaev said it is "too early" to
mention a specific figure. But experts believe East Kashagan,
which lies in shallow waters close to the northern shore of
the Caspian, may contain up to 4 billion tons of crude. LF
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