Kazakhstan Targets Major Oil Find with 20 Billion Ton Potential

The Astana Times provides news and information from Kazakhstan and around the world. ALMATY – Kazakhstan’s national oil and gas company KazMunayGas (KMG) is advancing exploration of a major hydrocarbon prospect on the Zhylyoi carbonate platform, with potential resources comparable to the giant Kashagan oil field. The project, still at an early stage, could hold up to 20 billion tons of oil equivalent, according to preliminary estimates, reported… The post Kazakhstan Targets Major Oil Find with 20 Billion Ton Potential appeared first on The Astana Times.