Kashagan oil field begins production

Energy

Nearly a decade late, and five times over budget, the Kashagan oil field in Kazakhstan’s Caspian Sea has finally begun production. The cost of developing the oil field was initially estimated at $10bn, but have since spiraled to $50bn.

(Euronews YouTube channel)

More Videos

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Most Discussed
This Week's Magazine »

Cover Story 1

Raging bull
With CEO Gianluca Filippi on board, Tonino Lamborghini is planning to take over the luxury world of hotels and “techno-luxury” smartphones.

Also in this issue

Subscribe Now