ALMATY (AFX) – Kazakhstan’s energy minister unveiled plans to sell drilling rights in 23 sections of Kazakhstan’s Caspian Sea territory, which he said should push Kazakh output to 170 million tonnes of oil products annually by 2015. Achieving such production levels would require total investments of between US$28 billion (24 billion eur) and US$30 billion…
KAZAKHSTAN: Government to sell rights to 23 Caspian oil plots from 2004
Posted on July 24, 2003 by EnergyAsia