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©RIA Novosti Kazakhstan’s oil transit across Azerbaijan to reach 8 million tons a year Oil transported across the Caspian Sea to Azerbajan terminals is further transported to Georgian ports of Batumi and Kulevi by railways.
14 October 2011
Kazakhstan Minister of Finance Bolat Zhamishev. Photo courtesy of flickr.com Key issues resolved on Karachaganak: Kazakh Finance Minister We have the principle agreement, but as usually devil is in the detail. We are working on all the details right now: Zhamishev.
13 October 2011
KazAtomProm Head Vladimir Shkolnik. © Yaroslav Radlovsky  My son’s purchase of the Russian oil refinery has nothing to do with politics: KazAtomProm Head Vladimir Shkolnik According to him, if someone takes a loan and purchases an asset – it is his own choice.
13 October 2011
Photo courtesy of mchs.gov.ru Eight died in Kazakh oil reservoir fire Eight workers died after a fire broke out at an oil pumping station during a routine maintenance. They were all between 18 and 25 years old.
12 October 2011
Oil drilling rig. ©RIA Novosti KazMunaiGas arranged for independent audit of oil reserves KazMunaiGas National Oil Company started an independent audit of oil reserves.
08 October 2011
Tengrinews.kz stock photo CPC to transport 32 million tons of oil in 2011 The CPC is implementing a project to expand the pipe’s capacities to 67 million tons a year. The project is to be completed by 2014.
06 October 2011
Photo courtesy of topneftegaz.ru Kazakhstan is ready to pay $700 million - 1.1 billion for a stake in Karachaganak With its 1.2 billion tons of oil and condensed gas and 1.35 trillion cubic meters of gas, Karachaganak is one of the largest O&G fields in the world.
05 October 2011
Bolat Akchulakov Akchulakov appointed new head of KazMunaiGas Outgoing Kairgeldy Kabyldin, according to a source close to the situation, is expected to head KazTransOil.
05 October 2011
Hydrocarbons processing complex at Karachaganak oil and gas field. ©REUTERS Kabyldin told about plans for Karachaganak development by the end of 2011 Chairman of KazMunaiGas National Oil Company told about plans for Karachaganak field development at the press-conference of the 6th Eurasian Forum KAZENERGY.
04 October 2011
Oil and Gas Minister Mynbayev. vesti.kz stock photo Kazakhstan was late to start modernizing its oil refineries: Minister of Oil and Gas Sauat Mynbayev According to him, timely expansion of the capacities could neutralize price fluctuations and fuel shortages in the domestic market.
04 October 2011
FDI to slightly diminish in 2011 due to decreasing investments into Kashagan oilfield At the same time, according to him, “foreign investments into the processing sector are growing”.
03 October 2011
Kairat Kelimbetov. By Yaroslav Radlovsky © Economy growth to make up 3-4% in case of pessimistic scenario In case oil stands at 60%, the growth rate figure will make up 5-6%: Economic Development Minister Kairat Kelimbetov.
26 September 2011
Photo courtesy of sinooil.kz APC fined Sinooil 3 million tenge Agency for Protection of Competition fined Sinooil over 3 million tenge.
19 September 2011
Kazakhstan’s Government raises export duty on petroleum products The new export duty rate comes into effect September 27.
19 September 2011
President Nazarbayev visits D island at Kashagan giant oilfield The field was discovered in 2000 and was one of the larger discoveries in that decade, it is estimated that the Kashagan Field has commercial reserves from 10 billion barrels.
17 September 2011
Photo courtesy of goodvin.info Pipeline repaired in north Kazakhstan Oil pipeline TON-2 (Taimys-Omsk-Novosibirsk) has been successfully repaired in North-Kazakhstan oblast.
16 September 2011
Storm in the Mexican Gulf. ©REUTERS/STRINGER Mexico Information about Kazakh oilman missing in Mexican Gulf not confirmed Information about a Kazakh oilworker missing after Tropical Storm Nate in the Mexican Gulf was not confirmed.
16 September 2011
©RIA Novosti Kazakhstan announces Jan – Aug gas and crude oil production output Earlier Tengrinews.kz reported that Kazakhstan plans to boost oil production to 102 million tons by 2016.
14 September 2011
Photo courtesy of newsland.ru Oil spilled from pipeline in North Kazakhstan A pipeline rupture caused a 200 cub.m oil spill in the area of 1,000 sq.m.
14 September 2011
Petrol output dropped 14 percent in Kazakhstan Petrol production made 1.7 million tons in January-August 2011 in Kazakhstan.
13 September 2011
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