ExxonMobil and Shell to prolong Kashagan contract by 20 years

ExxonMobil and Shell to prolong Kashagan contract by 20 years

 

ExxonMobil and Shell plan to extend the contract on the Kashagan project by 20 years (until 2041), Trend reports.A KazMunayGas source said that negotiations for further extension of the contract until 2061 were complicated. In his words, Kazakhstan demanded assistance of shareholders in realization of state programs for industrialization.

 

ExxonMobil and Shell plan to extend the contract on the Kashagan project by 20 years (until 2041), Trend reports.

A KazMunayGas source said that negotiations for further extension of the contract until 2061 were complicated. In his words, Kazakhstan demanded assistance of shareholders in realization of state programs for industrialization.

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