By empty (10/10/2002 issue of the CACI Analyst)
Kazakhstan's national oil-and-gas company KazMunayGaz announced on 10 October the discovery of new oil reserves located in the Caspian Sea, some 80 kilometers southwest of the giant Kashagan field. A trial well is producing some 2,300 barrels of crude per day. The estimated size of the new field was not specified.The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.
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