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.
Bron: The Telegraph, 24 mei 2011
Foto: ENI
