By Eric Sylvers

 

Eni SpA (ENI.MI) Friday said it sees the long-troubled Kashagan oil field in Kazakhstan producing 230,000 barrels of oil a day by the end of this year.

The field, which is slated to begin production in October, will then ramp up to 370,000 barrels of oil a day by the middle of 2017, said Antonio Vella, Eni's chief of upstream operations.

Kashagan, which has been developed by Eni in partnership with Royal Dutch Shell PLC (RDSA) and other oil companies, had been slated to start production in 2005. The first oil flowed in 2013, but the field had to be shut down almost immediately due to gas leaks.

 

Write to Eric Sylvers at eric.sylvers@wsj.com

 

(END) Dow Jones Newswires

July 29, 2016 09:41 ET (13:41 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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