WSJ: Production at Kashagan oil field halted until at least 2016

|By:, SA News Editor

Kazakhstan's giant Kashagan oil field will not produce any oil until at least 2016 while workers attempt to complete massive repairs, sources tell WSJ.

The Kashagan partners - which include Eni (E), Total (TOT), Royal Dutch Shell (RDS.A, RDS.B) and Exxon Mobil (XOM) - reportedly have concluded they must entirely replace two 55-mile pipelines before they can restart production at the troubled project.

Production was halted indefinitely in October when the pipeline conveying gas rich in highly corrosive and deadly components to the shore sprung multiple leaks; repair work is difficult in the Caspian Sea area, because ice envelopes facilities in the winter and extreme heat radiates across the field in the summer.