Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long
Green Car Congress
NOVEMBER 6, 2015
The collapse in prices may mean we don’t see more white elephants like the Kashagan project in Kazakhstan, an offshore boondoggle that has required more than a decade of development, tens of billions of dollars, and still won’t come online for a few more years. That means that credit lines with lending institutions become the last resort.
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