term oil production growth will be challenged as most mega project
starts and expansions (Kashagan restart expected mid 2017 with Tengiz and
Pearl contributions anticipated post 2020) are anticipated later ... crude prices
as well as increased operational delays associated with the restart of the
Kashagan oil field.
I. Delays to Unsanctioned Projects: The region's most capital-intensive
project ... expected until 2021 vs. the initial
2017 target date. FID decisions surrounding Kashagan Phase II (est
peak production of 630 mbpd in 2030) and Pearls (est peak production