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42 comments on A primer on Caspian Oil
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42 comments on A primer on Caspian Oil
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I am looking forward to those follow up stories, especially the one about the rail cars and barges.
Demand is the problem, not the oil majors.
They should not have campaigned against the truth. The should have accepted the truth and leave it up to us the consumer, to decided whether we wanted to burn up the planet or not.
I don't have that much more information on the railcars and barges. The fact is that Chevron did not get access to the oil pipelines (which were all going to Russia), and thus could only produce what they could transport in other ways.
- they used small tankers on the Caspian that would put the oil in Azerbaijan, either to be shipped by rail to Batumi on the Black Sea, or by pipe if it could be shipped under the azeri's rights to the Russian pipelines (with stiff fees if you can imagine). (Another solution used by others was to send the oil to Iran, to Neka, to swap for Iranian crude in the Persdian Gulf) but that option was not open to Chevron as a US company)
- they used barges going up the Volga and canals all the way to the Baltic Sea, sometihng that cost them 8-10$/bl
- they used Soviet railways to send the oil to Russian consumers (at Russia ndomestic prices) or to the Black Sea via Russia.
Anything that was cash positive was better than letting the field lay abandoned, even if it did not pay for the initial investment.