Shell shuts Caspian office, $50bn Kashagan project on ice

Royal Dutch Shell will shut its Caspian office for the giant Kashagan oil   field at the end of this month, effectively putting the crucial £30bn   ($50bn) project on ice for at least two years.

The move followed the Kazakh government’s decision to reject a new lower-cost   design for the crucial main development phase of the oilfield which has the   potential to produce more than 1m barrels a day.

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Bron: The Telegraph, 24 mei 2011

Foto: ENI