Kazakhstan

In H1, Kazakhstan reduced oil production by 1.5%, gas - by 1%

In the first six months of 2019, volume of oil production in Kazakhstan amounted to 37.975 million tons, which is by 1.5% less than in the first half of 2018.

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ArcelorMittal Kazakhstan structure cancels contract with Gazprom Neft because of sanctions

Russian companies that have come under sanctions are beginning to experience problems even in the most loyal jurisdictions.

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Ukraine reduces imports of oil and crude oil by 23%

The Ukraine has reduced imports of oil and crude oil by 23.2%, compared with the same period in 2018 to 31.698 thousand tons. We are talking about the first half of 2019.

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Tatneft and KazMunayGas sign memorandum of understanding on geological exploration, production and digitalization

On July 10, 2019, within the framework of the intergovernmental agreement “On the principles of trade, economic, scientific, technical and cultural cooperation”, head of Samruk-Kazyns A

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Energy Ministry of Kazakhstan returns quota on export of petrol in July to Shymkent refinery

The Kazakh Ministry of Energy has allowed Shymkent refinery to export 10 thousand tons of petrol in July, abandoning plans for a complete ban on export of the product from the republic.

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Kazakhstan to increase oil supplies to China by several times

To this end, in the second half of 2020, Kazakhstan will turn oil flows from the west to the east.

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Due to unscheduled repairs at refineries, Kazakhstan to stop export of petrol

In July 2019, oil refineries of Kazakhstan will reduce production of light petroleum products due to unscheduled repairs by about 15-20% compared to the planned volume and will be forced to stop th

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KazMunayGas and Eni sign protocol of direct negotiations on Abai project

On July 4, 2019, within the framework of the Council of foreign investors, a trilateral meeting was held between the leadership of the Energy Ministry of Kazakhstan, KazMunayGas (KMG) and Eni.

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In 2018, CPC earned $322 million

In 2018, the revenue of the Caspian Pipeline Consortium amounted to $2.19 billion. The profit after tax made up $322 million.

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Oil production in Kazakhstan to remain at the level of 1.86 million barrels per day

Kazakhstan has adopted OPEC agreements to reduce total oil production by 1.2 million barrels per day compared to the level in November 2018.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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