By empty (10/10/2002 issue of the CACI Analyst)
Kazakhstan's national oil-and-gas company KazMunayGaz announced on 10 October the discovery of new oil reserves located in the Caspian Sea, some 80 kilometers southwest of the giant Kashagan field. A trial well is producing some 2,300 barrels of crude per day. The estimated size of the new field was not specified.