Saturday, July 24, 2010
ATYRAU, Kazakhstan — Even as the petroleum industry continues drilling in the Gulf of Mexico at considerable expense and risk, a single field here in Central Asia stands ready to produce two-thirds as much oil each day as the entire gulf does, with less danger to the environment.
But 30 years after its discovery, this field, known as the Tengiz, is still running at only about half speed. Blame geopolitics, not geology.
Posted by Michele Kearney at 12:07 AM