VOL. XLVI
No 42
20-October-2003
CASPIAN
Kashagan Oil To Cost Around $7.50-$9.50/B
According to a recent study by ABN Amro, and based on a recent visit by financial analysts to Kazakhstan, it is estimated that the technical cost of production for offshore Kashagan oil is around $7.50-9.50/B (including transportation). This figure includes: $2-3/B for full field finding and development cost, $3-4/B for export transport costs and operational expenditures (opex) of around $2.50/B.
According to the...
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