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Category: Kazakhstan

What is holding back the growth of the renewable energy market in Kazakhstan?

PwC Kazakhstan published a study of the renewable energy market: “The RES market in Kazakhstan: potential, challenges and prospects.” Since the beginning of 2011, the…

Kazakhstan to ban export of petroleum products

Starting from May 9, Kazakhstan will impose a six-month restriction on the export of gasoline, diesel fuel and several petroleum products, including light ones, according…

A quarter of a century ago, the Caspian Pipeline Consortium was established

This year the Caspian Pipeline Consortium (CPC) celebrates 25 years since the signing of the Shareholders Agreement. This document, dated December 6, 1996, formed the…

Production of liquid hydrocarbons in Kazakhstan has significantly decreased

In January-March 2021, Kazakhstan produced 17.879 million tons of crude oil and 3.23 million tons of gas condensate, which is 11.7% and 2% less than…

Oil production in Kazakhstan in the first quarter decreased by 10.6%

In January-March 2021, Kazakhstan produced 21.1 million tons of liquid hydrocarbons, including 13.5 million tons at three large fields. This was announced by the Minister…

Kazakhstan and the European Union intend to continue cooperation in the energy sector

The Minister of Energy of the Republic of Kazakhstan Nurlan Nogayev held a meeting with the Head of the EU Delegation to the Republic of…

KMG on drilling works carried out by Kazakhstan’s jack-up rig in Azerbaijani sector of Caspian Sea

The modification of the jack-up floating drilling rig “Satti”, which will be used in the shallow waters of the Absheron archipelago, is nearing completion, Report…

Kazakhstan plans to produce more oil this year than in 2020

Oil production in Kazakhstan by the end of 2021 may reach 86 million tons, Energy Minister Nurlan Nogayev said. The volume of oil and condensate…

Expansion Project of Karachaganak Planned to Be Completed in 2025

At a board meeting, Minister of Energy Nurlan Nogayev announced plans to further expand the production capacity of the Karachaganak field “In December 2020, the…

Oil Production Decreased by 3.2 Million Tons at Tengiz in 2020

At the end of 2020, the company Tengizchevroil produced 26.5 million tons of crude oil, which is approximately 35% of the total oil produced in…

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