VOL. XLV

No 19

13-May-2002

CASPIAN

Existing Caspian DiscoveriesCould Produce 2.8-3.8Mn B/D By 2015, Says WoodMackenzie

Underrisk-free circumstances, the production of hydrocarbon liquids in the Caspianregion could amount to 3.8mn b/d from existing discoveries alone by 2015, butwhen risk is taken into consideration production could reach only 2.8mn b/d bythat time, according to a recent study prepared by Edinburgh-based WoodMackenzie. The study, which was presented at the CIS Oil and Gas Summit in...