Russia Ukraine war, page-109744

  1. 19,072 Posts.
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    They are quoting from Saudi Aramco. Of course, Aramco will try to put the boot in. I am aware of that article. If you refer to actual Aramco post, it refers to Russian Gov tax as well in that cost base.

    Refer to the sentence above. Lol

    You should know this. One of the biggest cost factor are WAGES. The project both you and I have invested ONLY has an Average Cost of Production of $30 to $35. That includes Australian Wages!!!

    Russia has massive conventional fields, a lot of them onshore in the Urals, and lower Russian wages!!! Most of these Russian workers are NOT earning $200k a year, like with Australian oil workers (FIFO).

    There is no way it would cost more than ours or the North Sea.
    Last edited by Cosmoterios: 22/02/23
 
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