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Yet More Problems Hit the World’s Largest Oil Project

Screen Shot 2014-04-06 at 21.01.34Extract from an article by Rupert Hargreaves published 16 April 2014 by The Motley Fool

Simply put, H2S is eating away at the undersea pipelines, causing cracks and fractures. Gas needs to travel through these lines for the project to start production, and engineers can’t just patch the system up; the whole pipeline network may need to be replaced. Not only are ExxonMobil, Shell, Total, and Eni going to have to fork out more cash to get the project into production, but the Kazakhstan government is now starting to lose patience and has threatened to impose financial penalties on the companies if production does not commence soon.

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