Daniyar Ashimbayev, the well-known Kazakhstani political scientist, editor-in-chief of Kazakhstan Biographic Encyclopaedia, in an exclusive interview to Petroleum makes comments on the recent structural and staff transfers in Kazakhstan
- Daniyar, what is the reason, in your opinion, for the present transfers in the system of executive power and akims corps? When the situation, as they say, has ripened?
On the eve of the new year the board of directors of KazMunayGas has approved a Strategy for Development of JSC National Company KazMunayGas. The company’s strategic goal is to enter the number of the world’s 30 largest oil and gas companies by 2022. The company’s mission is defined as providing maximum profits for the Republic of Kazakhstan from development of the national oil and gas industry.
At the board of the Ministry of Oil and Gas of the RКwith participation of the Prime Minister Serik Akhmetov, which was held on January 28 in Astana, the 2012 results have been discussed and the agenda for the oil and gas industry for the current year has been formulated.
ConocoPhillips, an American oil company which has ranked, under the 2012 results, 12th in the rating of Fortune Global 500, leaves the Kazakhstan market. On the eve of the new year, the company has declared about the sale of its share in the Kashagan consortium, and on January 25, 2013 has completed the deal on the sale to the national company KazMunayGasof a 24.5 % interest in the prospective offshore project N (Nursultan) in the southern part of the Caspian Sea.
Identifying new resourses in increasingly challenged environments
Comprehensive investigations from global to microscopic scales
Scientific rigir to collect, analyze and integrate all critical data
Explain and predict hydrocarbon distribution in space and time
Problems with Obtaining Refunds from the Budget of Excess VAT Accumulated During Mineral Exploration
Lately, obtaining a refund of value added tax (VAT) incurred in connection with the export of goods has been a pressing issue. Despite the fact that the tax legislation clearly regulates the procedure for refunding excess VAT from the budget, in practice there are various obstacles for taxpayers. This article focuses on the amount of excess VAT accumulated during the exploration period prior to the export of minerals.
Volgaburmash, JSC’ bright, printed in maroon logo is well known to all large oil and gas producing, drilling and service companies. It is not an overstatement to say that after many years of doing business successfully in the domestic and international markets, it became a symbol of Russian drill bit production.
STEP Oiltools was established on April 1, 2011 to fill a need in the market place for an independent drilling waste management company. The company’s aim is to be an independent global provider of the highest quality products and services in drilling waste management using a combination of its wholly-owned subsidiaries, joint ventures and associated companies.