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Article: OIL, GAS OPERATORS IN CENTRAL ASIA: THE BALANCE SHEET NARROWS.
- Article from:
- AsiaPulse News
- Article date:
- March 4, 2009
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ALMATY, March 4 Asia Pulse - Central Asian multi-billion dollar oil and gas pipe dreams are being shattered.
After all, means of transportation are only valid as long as there are things that need to be transported, and things only need to be transported if there is enough demand for their consumption. Energy consumption growth has tickled the minds of its producers and their puppets in politics. Now, troubled balance sheets tell the terrible truth: there is an end to it all.
Annual results of corporate structures are generally given more importance than quarterly ones. The year 2008, though, forms an exception. Each member of the "troika" of western oil ...