VOL. XLVI
No 43
27-October-2003
CASPIAN
Deutsche Bank Forecasts IRR Of 14.8% For Kashagan Partners
In a new report on the development of Kazakhstans giant offshore Kashagan oilfield, Deutsche Banks Edinburgh-based Global Oil and Gas Research office has forecast an internal rate of return (IRR) of 14.8% for the six partners involved in the massive project. The report, entitled The Big Sturgeon and prepared by Nick Griffen and Caroline Cook, bases its conclusion on a cash flow analysis that sees the...
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