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Archive
#6 (72), December 2011
Exclusive
The Country’s Black Gold
According to BP Statistical Review of World Energy, by the confirmed oil reserves as of June 2011, Kazakhstan today is the world’s 9th largest country and it has all grounds to expect their increase in future given the estimates of our geological stocks and a large-scale geological study.
The Territory of Abundance
The 20th anniversary of Kazakhstan’s independence is an occasion to appraise how efficiently the republic has coped with a task to transform the gas branch from a component part of the All-Union fuel and energy complex into an independent system.
Meeting Global Energy Challenges - A Chevron Eurasia Perspective
From independence to this very day Chevron is very proud to have witnessed the growing role of Kazakhstan on the world stage. Indeed, these past 20 years have been exciting times for Kazakhstan, our company and our industry and it’s been a tremendous and rewarding experience to contribute to the country’s nation building and to lead one of the most significant and successful partnerships in the region.
The Discussion Platforms of the Kazakhstan’s Oil and Gas Industry
The current state and prospects of development of the country’s oil and gas sector have been discussed at two traditional Forums held in this autumn in Astana and Almaty.
On October 4-5, the VI Eurasian KAZENERGY Forum was held in the capital of Kazakhstan under the motto: «Kazakhstan: 20 Years of Sustainable Growth, New Horizons for Investments and Cooperation». With welcoming speeches to the Forum participants addressed Karim Massimov, Prime Minister of the RK, Timur Kulibayev, chairman of KAZENERGY Association and chairman of the board of JSC Samruk-Kazyna NWF, and Gunther Oettinger, EU Commissioner for Energy. The first section devoted to the energy geopolitics of Eurasia was moderated by Mr. Kulibayev, with Larry King, the CNN legend and presenter of «Larry King Live» (1985-2010), being as co-moderator.
Projects
KPO and Kazakhstan: Partnership in a New Format
Sustainable development means not just the provision of the country’s forward movement; it is a whole complex of measures in which exploitation of natural resources, creation of new sources of growth, development of personality and institutional changes in the society are harmoniously coordinated with each other. For the western region of Kazakhstan, the investments of the international consortium Karachaganak Petroleum Operating B.V. (E^PI^), developing the Karachaganak oil and gas condensate field, promote the sustainable development in such understanding.
The Project of the 21st Century
Preparations for the launch of commercial extraction at the Kashagan field is proceeding to plan, production is to begin on schedule, this was announced by Umberto Carrara, managing director of Agip KCO, which is responsible for implementing Phase I of the North Caspian Sea Project.
TENGIZCHEVROIL - A Symbol Of Welfare And Prosperity Of Kazakhstan
History of oil wealth development in Kazakhstan started one hundred twelve years ago, in 1899. Today oil production is a basis of the fast developing economy of Kazakhstan.
Tengiz oilfield is a true national heritage of Kazakhstan.It was discovered in 1979 and was put into operation in 1991. More than 30% of total Kazakhstani oil production volume is produced here.
When One Should Help...
Atyrau Oil Refinery LLP (ANPZ) is one of the largest enterprises in its sector and has been considered the leader in domestic industry since its establishment more than half a century ago. The plant is renowned for its manufacturing capacity and economic reliability. But how do the workers feel? What social support do they receive? We asked Talgat Baytaziyev, Director General of ANPZ, about this.
Technology
Maximize Resource Value Through High-Impact Technologies
Our commitment to technology provides a competitive advantage in exploration, project development, oil and gas recovery, and production operations. Using our integrated technologies, we have achieved advanced in deepwater, arctic, heavy oil, and most recently , liquefield natural gas development, enabling us to unlock resource potential previously considered uneconomic.
Legislation
Investment Legislation in Kazakhstan: Development History and Current Legal Regime
1. Preamble
It is well-known that a country's investment regime is generally determined by the entirety of various factors, which may include geographical position, climate, availability of natural resources, relevant sector development status at the time of investment, government corruption level, etc.
Presentation
HMS Neftemash and Kazakhstan: 8 Years’ Partnership
For about a decade oil and gas companies in Kazakhstan have been maintaining working partnership with Russia-based HMS Neftemash JSC, a reliable supplier of oil and gas equipment, incorporated in one of the largest HMS Holdings Group Inc.
New Generation of Pumps
One of the priority areas in the activities of NasosEnergoMash Sumy Factory Public JSC making a part of a huge mechanical-engineering HMS Group deals with supplies of highly efficient and reliable pump equipment for pipeline transportation facilities. Nowadays the enterprise is successfully collaborating with petroleum operators in Russia, Belarus, Ukraine and Kazakhstan.
Twenty Two Years of Success
This year is a remarkable year for all people of Kazakhstan. In December our country celebrates its 20th anniversary of Independence, and simultaneously it is 22 years to the insurance medicine in Kazakhstan. The twenty two-year period is a major landmark in the history of Kazakh Corporation of Health and Medical Insurance – Interteach.
DHL - Kazakhstan: Being Ahead of Time
We can hardly imagine our business success in the modern world without regard to time factor. The notion “time is money” under the global economy is imbued with a new sense. A detail or a unique equipment delivered to an enterprise in due time can help a company to avoid significant losses. A contract which was delivered within the shortest possible period of time can bring great profit. Therefore, speedy delivery has become the most important condition of success in the present competitive struggle.