Iraq in the next 10 15 years kazakhstan will be in the

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Unformatted text preview: t state, wants to buy natural gas at border, resell to Europe at other border – no one likes this because people are afraid Turkey will export less and less gas over time. Also no ones knows where to get the natural gas from ! Iran? Iraq? In the next 10- 15 years, Kazakhstan will be in the top 5 oil producers, up from producing nothing in the 1990s. Azerbaijan is an old oil power, but its running out of oil. US is #3 oil producer in the world, but it consumes 18.8 billion barrels a day, produces 10 billion a day. A barrel of oil out of Saudi and to world market - $3 Sibera to world market - $15- 20 Tar sands from Canada - $40+ China: joined WTO in 2001 pre- 2001...
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This document was uploaded on 04/09/2014.

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