Kashagan investors to present detailed operation plan in 2014 in Astana

Date: 07:34, 16-04-2014.

Almaty. April 16. KazTAG - The Government of Kazakhstan will conduct a meeting with main investors of the North Caspian Project Kashagan on April 17, reports the Ak Zhaiyk newspaper.

"The meeting will be held on April 17, where the investors will have to present a detailed plan of works in 2014," the newspaper said.

"All the country hopes the foreigners will answer the main question: what are the terms of production postponement? The answer is not going to be comforting," reads the publication.

According to the report the parties had known about Kashagan problems before its launch.

"There were serious reasons for that: construction works had delayed, they had postponed the production terms four times since 2005, the construction completion and installation works were conducted in all hands regime. However, nobody expected the problems would start so soon," reads the article.

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