Projected cost of Kazakh Kashagan oil 90 U.S. dollars per barrel – Citi Expert
April 10. KAZINFORM. ASTANA
The projected cost of Kashagan oil is 90 U.S. dollars per barrel.
This was announced today during the press conference in Astana with the leading experts of Citibank the analyst to develop Citi product strategies in New York Eric Lee.
At the press conference there was a presentation of the macroeconomic forecast of the world economy and, in particular, Kazakhstan, which had been prepared by the Citi analytical department.
According to him, the projected cost may vary and is subject to change depending on market conditions, political and economic situation in the country and the region.
Citi is a leading global financial services company, having approximately 200 million customer accounts and doing business in more than 160 countries. In 2012 the company celebrated the 200-year anniversary since its founding.
The beginning of the Citigroup in Kazakhstan was in 1994 with the establishment of the representative office in Almaty.