Kazakhstan

In the first 10 months, Kazakh oil refineries increased petrol production by 28%

Kazakhstan increased production of motor petrol by almost 30%, reducing the output of fuel oil by 11% in the first ten months of 2018, the mass media reported.

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In October, Kazakh metallurgical companies increased steel production in October

According to the Statistics Committee of the Ministry of National Economy of Kazakhstan, in January-October 2018 production of crude steel in Kazakhstan amounted to 3.758 million tons.

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Loading of Turkmenistan-Uzbekistan-Kazakhstan-China main gas pipeline is close to 100%

The loading of one of the world's longest main gas pipeline - Turkmenistan-Uzbekistan-Kazakhstan-China for natural gas supplies from Central Asia to China - has approached 100%.

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Kazakhstan asks OPEC+ to make exclusion for Kashagan

Kazakhstan will ask for exceptions for its largest project – Kashagan – if other participants in the OPEC+’s Vienna deal decide to cut oil production again.

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The Saryarka gas pipeline to provide 2.7 million residents of Kazakhstan with natural gas.

The Saryarka gas pipeline will provide 2.7 million people with natural gas. It starts from the Karaozek compressor station in the Kyzylorda Region.

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S&P: Contract with China positively influences KazTransGas’ ratings

KazTransGas and its largest subsidiary, Intergas Central Asia, increased the issuer's long-term credit rating from BB- to BB with a stable outlook.

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Damage from the explosion at ArcelorMittal Temirtau still not established

As a result of the explosion on the evening of November 10th, the largest metallurgical enterprise in Kazakhstan, ArcelorMittal Temirtau, practically stopped production.

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S&P increases rating of KazMunayGas to BB, outlook is stable

S&P Global Ratings agency has upgraded KazMunayGas' long-term corporate rating to BB from BB-, with a stable outlook. This was reported by the agency.

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Shymkent refinery plans to increase oil processing to 6 mln tons in 2019

Shymkent oil refinery (Kazakhstan), which completed the modernization program in summer of 2018, has planned to increase volume of oil processing and production of petroleum products next year, the

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Kazakhstan ratifies agreement with Russia on process oil.

The Deputies of the Senate (the upper chamber) of the Parliament of Kazakhstan approved the ratification of the agreement with the Russian Federation on determining the status of technological oil

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