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Category: Kazakhstan

Kazakhstan’s gas production breaks records

According to the results of 11 months, gas production in Kazakhstan amounted to 174.8 billion tenge (+ 10% per year) in monetary terms, and 48.4…

Kazakhstan increases oil production due to Kashagan

Oil production in Kazakhstan is 86 million tons in 2017, Energy Minister Kanat Bozumbayev said. “The plan for production has been fulfilled, and there are…

Azerbaijan-based company expands its business to Kazakhstan

Azerbaijan-based company Global Energy Solutions (Glensol), one of the leading providers of maintenance and integrity solutions to the oil and gas, power and water, chemical…

Shymkent refinery moved to Euro-4 and Euro-5

Since December 15, Shymkent Oil Refinery (Petro Kazakhstan Oil Products, PKOP) has switched to the production of diesel fuel of the ecological class Euro-4 and…

Kashagan output is more than expected

The oil production in Kashagan, one of the largest fields of Kazakhstan, exceeded the annual plan by 46 percent, said Timur Suleimenov, the National  Minister…

Kazakhstan considers transit of energy resources through Azerbaijan

Baku and Astana set up two working groups on the issues of transporting Kazakh oil and gas through Azerbaijan to world markets. Such a statement…

Ministry of Energy of Kazakhstan Expects Rise in Gasoline Prices

In Kazakhstan, in the conditions of fuel shortage, a temporary jump in prices for A-92 gasoline is possible – up to 165 tenge per liter,…

Kazakhstan could supply 10 bln cu m of gas to China annually

The KazTransGas national operator has begun exporting domestic gas to China with the ceremony launching Kazakh gas from the Beineu-Bozoy-Shymkent main gas pipeline to the…

Moody’s: Kazakhstan Adapted to Low Oil Prices

The international rating agency Moody’s confirmed Kazakhstan’s sovereign rating at Baa3 and raised the outlook for the country’s future rating from negative to stable. The…

Kazakhstan Oil to Flow through Caucasus Corridor

Transit of hydrocarbons through the territory of Georgia can become the most profitable in case of reaching an agreement on tariffs, Kazakh President Nursultan Nazarbayev…

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