Report summaryThe Alibek South oil field is located around 200 kilometres south of Aktobe, in the Precaspian Basin. The ownership of the field changed several times between 2008 and 2010 and financing and regulatory problems have delayed a large scale development. As a result, the field has only produced small volumes since it came onstream in July 2003. More recently, difficulties in obtaining gas flaring licences have resulted in no oil being produced in 2013 or 2014. The operator is currently ...
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