Middle East Economic Survey

VOL. XLVII

No 32

09-August-2004

The North Caspian PSA: Kashagans Development

By Julia Nanay

The following is a paper presented by Julia Nanay, Senior Director of Washington-based PFC Energy, at the Kazakhstan Oil and Gas Conference in London on 29 June 2004.

Speaking as an industry analyst about the development of the North Caspian Production-Sharing Agreements (PSAs) Kashagan field has clear drawbacks. It doesnt give you the insiders perspective. Often it is left to...