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Category: Kazakhstan

In 2022, Kazakhstan plans to send up to 3 million tons of oil through Azerbaijan

Yesterday, at the meeting of the Public Council of the Ministry of Energy of the Republic of Kazakhstan, new potential oil export routes were discussed.According…

Kazakhstan will export oil under its own name KEBCO

The National Company KazMunayGas (KMG) and other Kazakhstani oil companies will export produced oil under the name KEBCO (Kazakhstan Export Blend Crude Oil), said Dauren…

CPC plans to pay dividends for $586 million

At the annual meeting, the shareholders of the Caspian Pipeline Consortium (CPC) decided to pay dividends for 2021 in the amount of $586 million, the…

Kazakhstan will also import Turkmen gas

First Deputy Prime Minister of Kazakhstan agreed on this during a working visit to Ashgabat. President of Turkmenistan Serdar Berdimuhamedov received First Deputy Prime Minister…

Third turnaround project at Kashagan scheduled for summer of 2026

The third turnaround project will be carried out at Kazakhstan’s Kashagan oil and gas field, which is operated by North Caspian Operating Company (NCOC), in…

Oil production at Tengiz increased by 9% in the first quarter

The volume of crude oil production at the Tengiz field, which is being developed by Tengizchevroil (TCO), in January-March 2022 amounted to 7.3 million tons….

30 million tons of coal were mined in Kazakhstan in the first quarter

In the first quarter of 2022, 30 million tons of coal were mined in Kazakhstan, which is 7.7% more than in the same period in…

Georgia plans to transport up to 3 million tons of Kazakh oil through its ports in 2022

Kazakhstan intends to transport from 2 million to 3 million tons of oil through Georgia in 2022, the press service of the Ministry of Economy…

Kazakhstan significantly reduces gasoil exports

Kazakhstan’s gas oil production amounted to 373,400 tons in January 2022, which was 13.3 percent more than in the same month of 2021 and 10.6…

Russia sanctions prompt Kazakhstan to increase exports via Caspian

Kazakhstan’s ports had been operating at a fraction of capacity since the trans-Caspian route was opened Kazakhstan plans to increase the trafficking of cargo via…

Ukraine war threatens Kazakh oil exports

Kazakhstan relies on Russia to export most of its crude oil. Buyers are wary. Kazakhstan is facing economic crisis as the war in Ukraine threatens…

Expansion project at Tengiz is 89% complete

The future expansion project at the Tengiz field was 89% completed by the end of 2021. Kevin Lyon, General Director of Tengizchevroil, stated at a…

Tokayev: Kazakhstan still uses Soviet refineries

President of Kazakhstan Kassym-Jomart Tokayev is outraged that not a single new petrochemical plant has been built in the country in the post-Soviet period. “It is also…

Tokayev’s perestroika started in Kazakhstan

President of Kazakhstan Kassym-Zhomart Tokayev yesterday formed a new government with which he plans to work.  There are 16 ministers in the new government, seven of them…

Kazakhstan’s Tengiz oil field operator says logistics problem impacting output amid political crisis

The operator of Kazakhstan’s highest-producing oil field, Tengiz, said Jan. 6 that a logistics issue had caused it to adjust production levels as political protests…

SOCAR on oil supplies from Kazakhstan

At the moment, oil supplies from Kazakhstan continue via the Baku-Tbilisi-Ceyhan (BTC) pipeline, said Ibrahim Ahmadov, Deputy Head of the Department for Organization of Events and…

Gas riot in Kazakhstan

Yesterday in Kazakhstan, in the city of Aktau, where rallies have been held since January 2 due to the increase in gas prices, a government…

Azerbaijani drilling rig can be used on Kazakhstan shelf

Drilling of the first well under the Zhenis offshore project,  in which the oil company LUKOIL is involved, is planned for the second half of…

The situation on the fuel and lubricants market in Kazakhstan has stabilized

All oil refineries in Kazakhstan are currently operating normally, the situation on the market of fuels and lubricants (POL) in the country has stabilized, the…

LUKoil and Kazmunaigas signed an agreement on the Kalamkas-Sea project

Russian LUKoil and Kazakhstan’s Kazmunaigaz signed a binding agreement on the basic principles for the large Kalamkas-Sea project in the Kazakh sector of the Caspian…

Russia and Kazakhstan agree on Russian electricity power export

Terms of the supplies will be soon outlined by commercial companies, Russian Deputy Prime Minister Alexander Novak said Russia and Kazakhstan have agreed on on…

Kazakhstan plans to increase the share of renewable energy sources to 6% in 2023

A meeting of the Council for Improving the Investment Climate, chaired by Prime Minister Askar Mamin,  considered  the issues of the development of renewable energy…

Kazakhstan fulfilled obligations under OPEC + deal by 162% in September

Kazakhstan, following the results of the past month, fulfilled its obligations by 162% under the OPEC + deal, which provides for a reduction in oil…

The President of Kazakhstan gave instructions for the development of the oil and gas industry

At a meeting on the socio-economic development of the Mangistau region, President Kassym-Zhomart Tokayev raised the issue of further development of the oil and gas…

Kazakhstan significantly reduced oil production in August

Oil production in Kazakhstan in August amounted to 1.261 million bpd, the Ministry of Energy of Kazakhstan reported. “Daily oil production excluding condensate in Kazakhstan,…

In January-July, 71 thousand tons of Kazakhstani oil were transported via the BTC

In January-July 2021, SOCAR Trading (trading “daughter” of SOCAR) purchased 71 thousand tons of Kazakh oil for supply to the world market via the Baku-Tbilisi-Ceyhan…

Baku to host meeting of Azerbaijan-Kazakhstan Intergovernmental Commission

The 17th meeting of the Intergovernmental Commission on Trade and Economic Cooperation between Azerbaijan and Kazakhstan will be held in Baku tomorrow, the Ministry of…

Almost 50 million tons of oil were produced in Kazakhstan in 7 months

Oil production in Kazakhstan in the first seven months of this year amounted to 49.8 million tons, or 99% of the previously planned volume, announced on…

Over the years of independence, gas production in Kazakhstan has increased by seven times

Over the years of independence, gas production in Kazakhstan has increased by seven times, announced the vice-minister of the department Zhumabay Karagaev. At the end of 2020, gas…

In June, oil exports through the CPC system increased by 18.8%

In June, the oil exports through the terminal of the Caspian Pipeline Consortium (CPC) increased by 18.8% compared to the same period last year, and…

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