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Tag: Kazakhstan

Shell Evacuates Foreign Employees from Kazakhstan

Shell oil and gas concern is evacuating foreign employees from Kazakhstan to their homeland, KazTag reports. “Shell’s oil and gas concern has taken unprecedented measures for foreign…

KazMunayGas, BP to Conduct Joint Exploration in Kazakhstan

KazMunayGas (KMG) and British BP have identified subsoil plots and plan to get a contract for exploration and production of hydrocarbons in Kazakhstan, Dastan Abdulgafarov,…

Tengiz Shift Period Increased Due to COVID-19

The duration of the shift at the Tengiz oil field in Kazakhstan for visiting workers will be increased as part of measures against the spread…

Kazakhstan Fulfills Obligations to OPEC + by 71% in May

Kazakhstan fulfilled the agreement to reduce oil production by 71% in May, but in August and September it will compensate for this incomplete compliance with…

For the I Quarter of 2020, KazMunayGas Net Profit Decreased 3 Times

The Board of Directors of JSC NC “KazMunayGas” (KMG) approved the payment of dividends for the results of 2019 in the amount of 81.7 billion…

Kazakhstan Unveils Oil and Gas Production Forecast

In 2020, Kazakhstan will continue to work to increase the volume of processing of fuel and energy resources. This was announced by Prime Minister Askar…

Condensate Production in Kazakhstan Decreased by 7.4%, Gas Production – by 2.2% in 2019

In 2019 Kazakhstan increased oil production by 1.4% compared to 2018 – up to 78.6 million tons. This was reported by the statistics committee of…

Oil Production in Kazakhstan Increased to 90.5 MT in 2019

According to preliminary data, the production of oil and gas condensate in Kazakhstan in 2019 amounted to 90.5 million tons compared to 90.36 million tons…

In Kazakhstan, gasification of the country does not yet reach 50%

Gas production for ten months amounted to 46.3 billion cubic meters with an increase of 1.5% compared to the same period in 2018, while export…

Kazakhstan aims to increase oil production by 16% and develop gas chemistry

In the coming years, Kazakhstan plans to increase oil production from the current 90 million tons per year to 104-105 million tons per year and…

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