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Category: Kazakhstan

KMGI and Romania to set up joint investment fund

“KMG International (KMGI), part of NC KazMunaiGas JSC and the Government of Romania in the near future plan to complete necessary procedures in order to…

Total names Kazakh man its General Director in Tunisia

Total, the French oil and gas giant, named Kazakh Mansur Zhakupov its General Director in Tunisia, Kazinform has learnt from Khabar 24. During his tenure…

Production at Kashagan to Be Increased to 370,000 B/D Soon

The level of oil production at the Kashagan field, according to forecasts of the Ministry of Energy of Kazakhstan, will soon increase to 370,000 barrels…

Karachaganak consortium to pay Kazakhstan above $1bn

Kazakh Government and Karachaganak project shareholders reached a deal on disagreements, the Kazakh Energy Ministry’s press service reports.  Today the Kazakh Government represented by the…

Kazakhstan to hold WTO’s ministerial conference

“Kazakhstan will play a host to the 12th WTO’s ministerial conference to be held in June 2020,” Kazakhstan’s Permanent Representative to WTO Zhanar Aitzhanova told…

Canada’s oil and gas companies ready to invest in Kazakhstan

“14 companies from Alberta province of Canada expressed readiness to open their offices in Kazakhstan and invest into the country’s oil and gas and energy…

New sea terminal in Kazakhstan starts receiving cargo

Kazakhstan’s new sea terminal in the Caspian Sea, built as part of the construction of the third plant in the Tengiz oil field, has begun…

New chemical plant to start operating in Aktau in 2020

A chemical plant will start operating in Aktau in 2020, Kazinform correspondent reports. It will be built by Topan Chemical Industries. According to Gaisa Zhumaliyev,…

Kazakhstan presses ahead with plans for IPO of state oil firm

The government of Kazakhstan has invited international investment banks to pitch for roles in listing the state oil company KazMunayGaz (KMG) in London, five sources…

KMG boosts profit, exports in 1H

JSC National Company KazMunayGas (KMG), Kazakhstan’s vertically integrated oil and gas company, announces its IFRS financial and operating results for the first half of 2018….

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