KMG: the tariff for pumping Kazakh oil through the BTC pipeline is confidential
JSC “KazMunayGas” (KMG) oil company refused to disclose the tariff for the transportation of Kazakh oil through the main export pipeline Baku-Tbilisi-Ceyhan (BTC), referring to…
Kashagan operator declares “some disagreements” with the Ministry of Ecology of Kazakhstan
North Caspian Operating Company (NCOC, operator of the Kashagan oil field development) adheres to strict environmental standards in its work, said Olivier Lazar, managing director…
Azerbaijan offers Kazakhstan to transport oil via Baku-Supsa
Azerbaijan offers Kazakhstan to transport oil via the Baku-Supsa pipeline, Serik Zhumangarin, Deputy Prime Minister of Trade and Integration of Kazakhstan said. “Baku offers other…
Tengiz: Behind the Scenes of The Deal of the Century
Kazakhstan marked an important anniversary on April 6. The American oil company Chevron entered the former Soviet country and signed a 40-year contract to develop…
Kazakhstan wants to collect $5.1 billion fine for environmental violations at Kashagan
Kazakhstan has filed a lawsuit against the North Caspian Operating Company — the operator of the Kashagan field — to recover 2.3 trillion tenge ($5.1…
Kazakhstan has finally started oil supplies through the Baku-Tbilisi-Ceyhan
The State Oil Company of the Republic of Azerbaijan (SOCAR) has started the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan pipeline ( BTC), the SOCAR…
Exxon warns of Russia risks to its $2.5 billion Kazakhstan income
Exxon Mobil Corp on Wednesday warned in a securities filing of potential risks to its Kazakhstan oil operations, which provided $2.5 billion in earnings last…
Tengizchevroil unable to launch oil export via BTC pipeline following deadly earthquake in Türkiye
Tengizchevroil, the operator of the Tengiz and Korolev oil fields, was unable to start the oil export via the Baku-Tbilisi-Ceyhan (BTC) pipeline due to the…
KazMunayGas and Abu Dhabi Ports to establish joint venture in Caspian Sea
KazMunayGas and Abu Dhabi Ports agreed to establish a joint venture which will develop the maritime fleet and coastal infrastructure in the Caspian and Black…
Kazakhstan produced 84 million tons of oil in 2022
Kazakhstan produced 84 million tons of oil last year compared to 85.7 million tons in 2021, the Minister of Energy of the Republic of Kazakhstan Bolat…
Uzbekistan and Kazakhstan agreed to jointly implement energy and transport projects
President of Uzbekistan Shavkat Mirziyoyev and his Kazakh counterpart Kassym-Zhomart Tokayev, during negotiations in Tashkent, agreed to promote energy projects and increase the transport and…
French company to build gas processing plant in Kazakhstan
According to the Memorandum of Understanding signed between the French company Technip Energies N.V. and the Kazakh National Company QazaqQaz, a gas processing plant (GPP)…
Azerbaijani drilling rig “Dede Gorgud” delivered to Kazakhstan
Caspian Drilling Company Ltd (CDC) (a subsidiary of SOCAR) has completed the towing of the “Dede Gorgud” semi-submersible drilling rig to the drilling site of the V-1 well of…
Kazakhstan plans to use the Trans-Caspian route from 2024 to diversify oil exports
Kazakhstan aims to use the Trans-Caspian International Transport Route to diversify oil exports from 2024, when production will increase in the country. According to the…
Over five months, Kazakhstan exported 13.7 million tons of coal
In January-June of this year, 57.4 million tons of coal were mined in the country, including lignite (lignite) and coal concentrate – 5.9% more than…
BP received an application to increase the volume of oil pumped from Kazakhstan through military-technical cooperation
BTC Co (operated by the British company BP) has received applications for the transportation of additional volumes of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline….
Expansion project at Tengiz field more than 90% completed
The project to increase production at the Tengiz field (operated by Tengizchevroil, TCO) has been completed by more than 90%, Prime Minister of Kazakhstan Alikhan…
Kazakhstan President prioritizes Trans-Caspian route
Kazakhstan President Kassym-Jomart Tokayev has ordered to diversify Kazakh oil exports and prioritized Trans-Caspian route at the government meeting on transport and transit capacity, APA reports citing AKI…
In 2022, Kazakhstan plans to send up to 3 million tons of oil through Azerbaijan
Yesterday, at the meeting of the Public Council of the Ministry of Energy of the Republic of Kazakhstan, new potential oil export routes were discussed.According…
Kazakhstan will export oil under its own name KEBCO
The National Company KazMunayGas (KMG) and other Kazakhstani oil companies will export produced oil under the name KEBCO (Kazakhstan Export Blend Crude Oil), said Dauren…
CPC plans to pay dividends for $586 million
At the annual meeting, the shareholders of the Caspian Pipeline Consortium (CPC) decided to pay dividends for 2021 in the amount of $586 million, the…
Kazakhstan will also import Turkmen gas
First Deputy Prime Minister of Kazakhstan agreed on this during a working visit to Ashgabat. President of Turkmenistan Serdar Berdimuhamedov received First Deputy Prime Minister…
Third turnaround project at Kashagan scheduled for summer of 2026
The third turnaround project will be carried out at Kazakhstan’s Kashagan oil and gas field, which is operated by North Caspian Operating Company (NCOC), in…
Oil production at Tengiz increased by 9% in the first quarter
The volume of crude oil production at the Tengiz field, which is being developed by Tengizchevroil (TCO), in January-March 2022 amounted to 7.3 million tons….
30 million tons of coal were mined in Kazakhstan in the first quarter
In the first quarter of 2022, 30 million tons of coal were mined in Kazakhstan, which is 7.7% more than in the same period in…
Georgia plans to transport up to 3 million tons of Kazakh oil through its ports in 2022
Kazakhstan intends to transport from 2 million to 3 million tons of oil through Georgia in 2022, the press service of the Ministry of Economy…
Kazakhstan significantly reduces gasoil exports
Kazakhstan’s gas oil production amounted to 373,400 tons in January 2022, which was 13.3 percent more than in the same month of 2021 and 10.6…
Russia sanctions prompt Kazakhstan to increase exports via Caspian
Kazakhstan’s ports had been operating at a fraction of capacity since the trans-Caspian route was opened Kazakhstan plans to increase the trafficking of cargo via…
Ukraine war threatens Kazakh oil exports
Kazakhstan relies on Russia to export most of its crude oil. Buyers are wary. Kazakhstan is facing economic crisis as the war in Ukraine threatens…
Expansion project at Tengiz is 89% complete
The future expansion project at the Tengiz field was 89% completed by the end of 2021. Kevin Lyon, General Director of Tengizchevroil, stated at a…