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Drilling & production - 12 April 2011

Kazakhstan holds second largest oilfield in the world

The Kashagan oilfield is projected to be the second largest in the world after Saudi Arabia’s Ghawwar field; production in the country could reach dizzying heights when the field is properly tapped.

 

The Sleeping Giant Awakens

Landlocked Mongolia is the most sparsely populated country in the world, but has vast mineral resources. Ng Weng Hoong analyses growing investments in the country.

 

China plans emergency coal stockpile

The Government of China is planning to amass a 5 million t emergency stockpile of coal. According to the China Economic Herald, the Government has asked top producers, including Shenhua Eenergy, to begin stockpiling to help alleviate bottlenecks that limit the available supply during peak demand seasons.

 

South Africa increases coal exports to India

The amount of South African coal imported by India rose 8% in the year ending March 2011. According to mjunction, an online Indian e-commerce company, Indian imports accounted for about 32% of the coal exported from South Africa.