The world's most expensive oil field now produces

Alexander Nazarov, an analyst at Energy for CTF. "A lot of money has already been invested. To cover expenses, companies will have to produce without investing much to maintain the current production which is 400 thousand barrels of oil per day, for 10 to 12 years, at least. Only from there is that will begin to be profitable, "he says.

The consortium of Exxon Mobil, Shell, Total and Enni promised shareholders profits with deposits of Kazakhstan, but the dreams waned with budgetary slippages, delays, Government interference and internal disputes.

If You Enjoyed This, Take 5 Seconds To Share It

• Facebook
• Twitter
• Google+
• StumbleUpon
• Digg
• Delicious
• LinkedIn
• Reddit
• Technorati