Khvalynskoye Field Development to cost US $5 Billion

08.10.2009
    Mr Kairgeldy Kabyldin CEO of KazMunaiGas has said the development of the Khvalynskoye gas field in Kazakhstan's Caspian sector will cost US $5 billion for the first phase.     In May 2002 Kazakhstan and Russia signed a protocol to the 1998 agreement on demarcation of their Caspian sectors. The protocol defines the...