Middle East Economic Survey

VOL. LII

No 46

16-Nov-2009

CASPIAN

Kazakhstans Nursultan Block Could Hold Oil Reserves Of 3Bn Barrels, Says Mubadala

The head of Mubadala Oil and Gas, Maurizio La Noce, said in Abu Dhabi on 10 November that Kazakhstans offshore Nursultan Block (also known as N Block) could hold crude oil reserves of 1.5-3bn barrels. He added that exploration of the block may take three-four years and development would take several more. The company said it was too early to speculate on...