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42 comments on A primer on Caspian Oil

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Buckler on November 30, 2006 - 4:11pm Permalink | Subthread | Parent | Comments top
Jerome,
I am wondering, do you think the perception of western oil firms will decline/improve/stay constant concerning the profitability of doing business in Khazakstan going forward?  How much different, really, is the political attitude and climate of the governments of Khazakstan vs Russia?

I reminded of a comment by a senior Chinese official who said "Investors are like Pigeons.  One shock will scare them all away.  Then when the governmental policy improves, they come back one by one."

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Buckler on December 4, 2006 - 3:56pm Permalink | Subthread | Parent | Comments top
Ok I suppose that was a leading question, as I think investor perception of Khazakstan will almost certainly get worse.  It seems Jerome agrees to a degree as he called it a "God-forsaken place."
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