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Category: Kazakhstan

Lowest prices for gasoline in Kazakhstan, after Turkmenistan

According to the international rating of Global Petroleum Prices on February 19, 2018, Kazakhstan ranks 15th among the countries of the world with the cheapest…

Eurasian Development Bank to fund coal production in Kazakhstan

The Eurasian Development Bank (EDB) and Bogatyr Komir company signed a loan agreement to finance Bogatyr Komir’s investment program aimed at modernizing coal production processes…

Kazakhstan refineries plan to increase oil refining by 6% in 2018

The volume of oil refining at the refineries in Kazakhstan in 2018 is planned at the level of 15.8 million tons, the government said. In…

Production at Kashagan increased to 300 kB/D

Oil production at the offshore Kashagan field in the Atyrau region of Kazakhstan has approached 300 thousand barrels per day. The information was announced during…

Kazakh goverment reveals main directions of economic development in 2018

 The main directions of Kazakhstan’s economic policy in 2018 will be preservation of macroeconomic stability, provision of a favorable business climate, development of economy’s sectors,…

Ministry of Energy of Kazakhstan sums up results of 2017

Kazakhstan produced 72.9 million tons of crude oil and 13.3 million tons of condensate in 2017. The Minister of Energy Kanat Bozumbayev said this at…

Kazakhstan and China agree on increasing gas export

NC KazMunayGas and the Chinese National Oil and Gas Corporation have agreed on a prospective increase in the export of Kazakh gas to China to…

Kazakhstan produces more oil than OPEC+ quota

Kazakhstan breaks agreement between oil-producing states in the framework of OPEC+. The country sharply increased its production and has already overtaken Iraq, which had been…

Eni and KMG complete transfer of subsoil use rights of Isatay block

The Ministry of Energy of the Republic of Kazakhstan, Eni and KazMunaiGas (KMG) signed yesterday the agreement to transfer to Eni 50% of the subsoil…

Transit of energy resources to step up Kazakhstan-Azerbaijan cooperation

Export of energy resources, including gas and liquefied gas to third countries through the territory of Kazakhstan and Azerbaijan will strengthen the transit cooperation between…

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