Kashagan set to shift balance of oil power

Oilmen reckon great discoveries are never easy or geographically convenient. The Kashagan oil field offshore Atyrau in the Kazakh waters of the Caspian, arguably the most important find since World War II, certainly fits that bill.

       
Pipeline in Atyrau: reserves in the Kazahk waters
of the Caspian could exceed Saudi Arabia’s

Oilmen reckon great discoveries are never easy or geographically convenient. The Kashagan oil field offshore Atyrau in the Kazakh waters of the Caspian, arguably the most important find since World War II, certainly fits that bill.

Complicated logistics, icebergs, Siberian gales, tidal shifts, shallow waters and environmental considerations make Kashagan one of the most difficult discoveries ever attempted.

The field, where Italy’s ENI is sole operator, is considered by the world’s best oilmen to be the last great find.

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