Kazakhstan, Oil and Gas

Kazakhstan not to reduce oil extraction

Kazakhstan executes the agreement with OPEC on the reduction of oil extraction but it is not about a higher reduction, the Minister of Energy, K. Bozumbaev, said.

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D.Medvedev to discuss supply of Russian oil with the Prime Minister of Uzbekistan. Again

On March 28, 2017, D. Medvedev will have a busy day - the head of the Russian Government will hold a business meeting with his colleague from Uzbekistan A. Aripov.

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2 mln tons of oil extracted at Kashagan deposit

The 2nd million ton of oil has been extracted at the Kashagan deposit in the Kazakh sector of the Caspian Sea, the head for the deposit’s operation of “Nort Caspian Operating Company B.

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The second million tons of oil was produced at the Kashagan field.

The Kashagan field, located in the Kazakhstan sector of the Caspian Sea, had produced the second million tons of oil, the director for the operation of the field of the company North Caspian Operat

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Kazakhstan is ready to discuss transit of Russian oil to Uzbekistan

Kazakhstan's National Oil and Gas Company KazMunayGas (KMG) is ready to consider the possibility of the transit of Russian oil to Uzbekistan, the country’s Energy Minister Kanat Bozumabay

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Director of KazGPZ LLP: At current gas prices the plant is considered to be unprofitable.

The director of KazGPZ LLP, Karim Nagmanov, informed the akim of Mangistau Region Eraly Tugzhanov at the time of his working trip to Zhanaozen.

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Embamunaygas transfers 81 bln tenges to budget of Kazakhstan

In the previous year, the total amount of the payments on taxes and mandatory payments to the budget of the Republic of Kazakhstan by Embamunaygas, which develops deposits in the Atyrau region, amo

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Rio Tinto intends to make serious investments into geological exploration of Kazakhstan.

Currently Rio Tinto intends to invest more than $ 100 million into geological exploration in 14 countries around the world, where the company works, including Kazakhstan.

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Kazakhstan increased the tariff for Russian oil pumping to China to $11.36/ton

The Ministry of Energy of Kazakhstan has approved the tariff for Russian oil pumping to China at $11.36/ton (VAT excluded).

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In 2016, Gazpromneft increased supply of oil and lubricants to Central Asia by a third

In 2016, Gazpromneft - Lubricants, Gazprommeft’s oil business operator, has increased the supply of lubricants in Kazakhstan, Tajikistan, Kyrgyzstan, Mongolia, Uzbekistan and Turkmenistan by

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