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Category: Kazakhstan

No Export of Kazakh Oil through Batumi in 2016

Kazakhstan’s KazTransOil Company is working to increase the transportation of oil by rail through Azerbaijan for further loading of the Batumi oil terminal. The Batumi…

IMF forecasts oil production in Kazakhstan to grow

The International Monetary Fund (IMF) forecasts oil production in Kazakhstan to increase to 1.69 million barrels per day in 2017. In 2016, 1.62 million barrels…

Net Cash Flow from Kashagan $ 180 Million

Kashagan is the first offshore oil and gas field in the Kazakh sector of the Caspian Sea “Our preliminary estimates show that the fund Samruk-Kazyna…

Oil output from Kashagan exceeds 2 mln tons

Oil production at Kashagan was launched in autumn 2016. Over 2 million tons of oil and more than 1 billion cubic meters of gas have…

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