Recent calculations by Rystad Energy analysts show that the Tengiz and Kashagan fields will become among the main sources of free cash flow for global oil and gas giants: Chevron, ExxonMobil, Total, Eni, and Shell, in the coming years.
According to forecasts based on historical data, foreign shareholders will take approximately $45 billion from Tengiz alone over the next five years, and over $25 billion from Kashagan by 2030. This is based on the TNCs’ net profit.
Video – Elmedia Kazakhstan.
