Opinion: Who Will Be Left Standing At The End Of The Oil War?
Green Car Congress
FEBRUARY 25, 2016
Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data. But these are just the costs of lifting oil out of the ground. And that’s with per barrel production costs of around $31/$32 in Nigeria, $23/$24 in Libya, and $10/$11 in Iraq.
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