Costly Kashagan oil field begins production to relief of...

  • 11 years ago
It has been described as the world's most expensive energy project.

Finally, nearly a decade late and five times over budget, the Kashagan oil field in Kazakhstan's Caspian Sea has begun production.

A consortium including Shell, Total, Exxon Mobil and ENI once promised new riches for the former Soviet country with huge profits for shareholders.

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http://www.euronews.net/

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