Middle East Economic Survey
VOL. LII
No 28
13-Jul-2009
CASPIAN
Kashagan Costs Estimate Reduced By $1Bn
Kazakhstans state oil and gas company KazMunaiGaz (KMG) issued a statement on 2 July saying that the global economic crisis has had a substantial impact on the global market, which will affect the Kashagan project participants obligations. This decision is expected to significantly cut project expenditures for Kazakhstan and the Kashagan consortium members, while abiding by a development timeframe...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!