Oil and gas company Tethys Petroleum has completed its first shipment of commercial oil production through its Aral Oil Terminal, which has been built for oil storage and rail loading.
The facility is now connected to the company’s Doris oilfield through the Kazakhstan rail system.
The new project will allow for production to be doubled at the facility to 4,000bpd, with more phases in the development to further increase this capacity.
For the second phase of the project, production is expected to be increased in the second half of this year to about 5,000-6,000bpd. The terminal will also begin operating 24 hours a day.
The terminal is owned and operated through a joint venture between Tethys and Olisol Investment, a Kazakh oil trading company.
David Robson, CEO of Tethys, says: ‘The first shipment of Doris crude oil through the Aral Oil Terminal is a milestone event for the company enabling higher production levels, which will significantly transform the cash flow of the company. I would like to thank our staff and our partners for their hard work in extremely difficult weather conditions in completing the terminal and bringing on-stream these higher production levels.’