Max Commissions New Kazakh Pipeline

Kazakhstan-focused Max Petroleum announced Tuesday that it has commissioned a new oil pipeline, and associated oil terminal, connecting its Zhana Makat field with the regional oil export pipeline approximately seven miles away from the field.

Max said that it is now be possible to deliver oil directly from the Zhana Makat Central Processing Facility to the national Kazakh pipeline network. Oil produced at the Zhana Makat, Borkyldaty, Sagiz West and East Kyzylzhar I fields can now be transported to end users via the pipeline at a transport cost saving of approximately $4 per barrel, the firm added.

Max said that the quantity of oil being delivered using the pipeline is now ramping up to a total of approximately 3,400 barrels of oil per day. Max expects that there will be an annualized transport cost saving of approximately $4.9 million once the ramp-up is completed.

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  New Zealand Opens Block Offer Tender f... (Mar 22)
 -  High Calibre Staff Helps EnerMech Secu... (Mar 22)
 -  Offshore Industry To Play 'Vital Role'... (Mar 22)
 -  Unite Members Reject Latest OCA Deal (Mar 21)
 -  Aker Solutions Secures Johan Sverdrup ... (Mar 21)


Most Popular Articles

From the Career Center
Jobs that may interest you
Truck Driver (Sand)
Expertise: Driller|Oil Terminal / Storage Management|Well Servicing & Testing
Location: Midland, TX
 
Chief Engineer
Expertise: Ships Engineer
Location: San Diego, CA
 
Mate
Expertise: Ships Mate / Officer
Location: San Diego, CA
 
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours