Back to Search Start Over

After $50 Billion and 20 Years, Energy Giants Can't Get Oil Flowing.

Authors :
Williams, Selina
Amiel, GĂ©raldine
Scheck, Justin
Gilbert, Daniel
Moloney, Liam
Source :
Wall Street Journal - Eastern Edition. 3/31/2014, Vol. 263 Issue 74, pA1-A13. 2p. 1 Color Photograph, 1 Diagram.
Publication Year :
2014

Abstract

The article discusses difficulties that have plagued an oil project in Kazakhstan involving state-owned energy company Kaz MunaiGas and Western oil companies including Eni SpA, Total SA, Royal Dutch Shell PLC and others. Kazakh President Nursultan Nazarbayev saw the project as a means of modernizing his nation's economy. Instead, it has suffered from cost overruns and faulty pipelines, and as of March 2014 has produced no oil.

Details

Language :
English
ISSN :
00999660
Volume :
263
Issue :
74
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
95270656