CEU Electronic Theses and Dissertations, 2015
| Author | Abeldinova, Danagul Zhanatkyzy |
|---|---|
| Title | Economic, environmental and social impacts of the Kashagan oilfield development |
| Summary | The Republic of Kazakhstan is characterized as a country, which focuses on the extraction of natural resources, especially fossil fuels. Kazakhstan takes 12th place in terms of total deposits of oil in the global list of countries, which possess oil resources. The petroleum industry of Kazakhstan is rapidly developing and the new oilfield Kashagan is an example of the fact that Kazakhstan strengthens development of this sphere through the investigation new oilfields. The Kashagan oilfield was the biggest oilfield, which was discovered for the last forty years. The oilfield refers to the group of giant oilfields with recoverable reserves of 13 billion barrels of crude oil. Because of the difficulties in management, Kazakhstan has attracted international companies in order to create consortium of international companies with one main operating company North Caspian Operating Company (NCOC). It is important to mention that Kashagan is the first offshore oilfield in Kazakhstan. It is situated in the northern part of the Caspian Sea, which has severe climatic characteristics and fragile ecosystem with considerable population of sturgeon and such representative of rare fauna as Caspian seal. In addition, the region of the Kashagan oilfield exploration has already problems with environment such as air and water contamination because of other onshore oilfields. The scientific interest of this work is to compare and make conclusion regarding economic, environmental and social impacts. The comparison of impacts is done through converting all impacts into financial flows in order to draw a parallel between the amount of money, which will be spent on environmental, social issues and economic revenue from the project. The case study of Kashagan oilfield will disclose the evaluation of environmental, social and economic consequences through STELLA software, which is the tool of the system thinking for education and research. This program makes possible to conduct modelling of impacts while taking into consideration social, environmental and economic impacts, which are expressed in monetary flows (USD$). In addition, the conceptual model of impacts was also important due to the fact that the issue of the Kashagan oil field development was keenly discussed in Kazakhstan, but there were no attempts to represent the consequences in system thinking conceptual model and to evaluate potential financial flows of the Kashagan oilfield project throughout a particular period of time. |
| Supervisor | Lagutov Viktor |
| Department | Environment Sciences and Policy MSc |
| Full text | https://www.etd.ceu.edu/2015/abeldinova_danagul.pdf |
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