Russia to dig into the depths of Kazakhstan.

The countries will develop the Caspian Basin together.

The Russian companies can take part in the grand project in Kazakhstan. Astana has invited them to begin drilling in the Caspian Basin. The first well with the cost of $ 500 million must reach the depth of 15 km. LUKOIL, "Gazprom" and "Rosneft" as well as Chevron and Shell were invited into the project, which was called "Eurasia". But, according to the unofficial information, currently the investors are sceptical.

The presidents of Russia and Kazakhstan Vladimir Putin and Nursultan Nazarbayev launched the "Eurasia" project yesterday, which involves drilling a 15-kilometer well in the area of the Caspian Basin. According to Uzakbay Karabalin, the First Deputy Minister of Energy of Kazakhstan, this region accounts for about 80% of the country's hydrocarbon resources. The cost of drilling is estimated at $ 500 million. Baltabek Kuandikov, the Coordinator of "Eurasia", clarified that a consortium will be created in order to implement the project, LUKOIL, "Rosneft", Shell and Chevron showed interest in participating in it.