The volume of works in the contractor companies reduced by 10 times after suspension of the Kashagan field development.
The authorities are literally forces to ask the oil producing companies to save the jobs.
The officials admit that only one company is able to preserve the jobs. Tengizchevroil and the Mangistau akimat signed the memorandum of cooperation a year ago. The workers must be re-trained to receive even an insignificant order from the company.
The pipeline on the Kashagan field cracked a year and a half ago only two weeks after its launching. After the studies the experts have found out that almost entire 95-km-long pipeline needs replacement and this will take at least two years. According to the experts’ estimates, every idle day of the field costs $7.5 million, considering that almost $50 billion has been already invested into it.
Kirill Osin, Director of Echo Mangistau NGO, said: “Since beginning of production majority of profit will be spent first of all for the companies of the consortium. The first oil was expected to be produced here in 2005, but this did not happen. It is year 2014. Investments into the project keep on growing, until the companies cover the costs. Kazakhstan will receive minimum profit from the project.
For over a year and a half the partners of the project have been trying to prove that they have nothing to do with the defected pipes.
Agip KCO and NCOC will pay 134 billion tenge to Kazakhstan’s treasury for the damage cause to the country’s environment. Three companies (contractors) – EP SAY, Keppel Kazakhstan and Kazakhstan Caspian Offshore Industries – are in a difficult situation now. The volume of their works dropped from 40% to 4%. Two of them are about to finish the last order – construction of the barge for the oil company – and the oilmen cannot say what is going to happen next, reported http://www.centrasia.ru.
