Alexander Nazarov

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Last quote by Alexander Nazarov

A lot of money has been spent already, so in order to get a return on their expenses, companies will have to keep producing without investing a lot, maintaining the current level of about 400,000 barrels per day, for 10-12 years at least. Only after that will they probably be able to make a profit.
Sep 11 2013
This page is completely dedicated to what Alexander Nazarov has to say. All of Alexander Nazarov’s quotes are organized here by date and topic. The most recent quote attributed to Alexander Nazarov came from an article called Costly Kashagan oil field begins production to relief of Kazakhstan: “A lot of money has been spent already, so in order to get a return on their expenses, companies will have to keep producing without investing a lot, maintaining the current level of about 400,000 barrels per day, for 10-12 years at least. Only after that will they probably be able to make a profit.”.
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