Satpayev oil block in Kazakhstan : 25% stakes are owned by ONGC Videsh Ltd - Economics

Q.  Satpayev oil block in which 25% stakes are owned by ONGC Videsh Ltd is in
- Published on 10 Jul 15

a. Azerbaijan
b. Kyrgyzstan
c. Uzbekistan
d. Kazakhstan
e. Russia

ANSWER: Kazakhstan
 
The Satpayev block, measuring 1,582 sq km, is located in the North Caspian Sea, in water depths of 6-8 m, and has two prospective areas that hold an estimated 256 million tonnes of oil and natural gas resources. It lies near four major discoveries.

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