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Kashagan Oil Field Seen by Total Producing 2017 at Latest

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Kazakhstan’s $48 billion Kashagan oil project in the Caspian Sea will definitely resume output by 2017 after partners replace pipelines, said Arnaud Breuillac, Total SA’s president of exploration and production.

Output will start at the earliest in 2016, Breuillac said in a phone interview yesterday. Total, along with partners Exxon Mobil Corp., Eni SpA and Royal Dutch Shell Plc, stopped output in October last year, a month after production began, due to a natural gas leak.