Total Says No Oil Output Expected from Kashagan This Year

Reuters

PARIS, April 22 (Reuters) - French major Total said no oil production was to be expected from the troubled Kashagan project in Kazakhstan this year and it was not likely to yield much next year either.

"What is clear is that no production can be expected in 2014, and in 2015 ... it will be probably little," Yves-Louis Darricarrere, head of exploration and production, told a conference on Tuesday.

Production at the offshore deposit, the world's biggest oil find in 35 years, started in September but was halted in early October after the detection of gas leaks in the $50 billion project's pipeline network.

(Reporting by Michel Rose and Barbara Lewis)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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