Two oil projects worth $45 billion, the launch of which was announced this month, talking about a gradual recovery of confidence in Neftegarant development prospects amid rising oil prices and reduce the cost of production, said Bloomberg.
Thus, the American oil company Chevron this week took the decision to launch additional capacities for the production of oil in Kazakhstan for $37 billion is the largest investment decision in the oil sector since the beginning of the collapse of quotations 2 years ago. It also became known that the British BP has approved a project to expand the capacity of the LNG plant in Indonesia worth $8 billion, according to PRIME.
According to industry consulting firms Wood Mackenzie and Jefferies International in 2016 could be announced about two major projects — the second phase, carried out by BP in the Gulf of Mexico field development Mad Dog and about the project Eni for the production of liquefied natural gas in Mozambique.
The growth of investment activity suggests that the implementation of the projects considered strategically important, will continue, the Agency cites the opinion of the chief mining sector analyst Wood Mackenzie Angus Roger.
