Projects
Kazakhstan Has Entered the Karachaganak Project
#1 (73), February 2012
On December 14, 2011, in Astana, in the presence of the Prime Minister of the Republic of Kazakhstan Karim Massimov, the ceremony was held of signing the Agreement on the Settlement of Disputes between the government of the RK and the consortium Karachaganak Petroleum Operating B.V. (KPO). The share of Kazakhstan in the Karachaganak project has reached 10 %.
Cancellation of PSA: the Second Wave
#1 (73), February 2012
The Zone of Inviolability
The position of Ak Orda is unambiguous, and it is legally reflected in the new legislation of the RK on subsoil use: it is not envisaged the conclusion of new PSAs in Kazakhstan
KPO and Kazakhstan: Partnership in a New Format
#6 (72), December 2011
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
#6 (72), December 2011
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
#6 (72), December 2011
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...
#6 (72), December 2011
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.
Priority to Energy Efficiency
#5 (71), October 2011 special issue
In the last decades, it is marked a stable and steady rise in the prices on energy resources in the world. The prices rise on oil, gas and electric power. Such situation is caused by the lack of energy resources and their non-renewable ability combined with the constantly complicating methods of their production.
The second factor impacting on the rise in the prices on energy resources is the growth of industrial production, especially in China and on the Asian markets that demands the new volumes of resources. And, finally, the third factor is connected with deterioration of environmental conditions due to the use of these resources in receiving electric power and other types of energy.
CPC Expansion is Given a Start!
#4 (70), October 2011 special issue
A solemn ceremony of the start of building works under the expansion project of the Caspian Pipeline Consortium’s oil pipeline took place on July 1, 2011 in the area of the oil pumping station A`tyrau in western Kazakhstan. The event’s significance was emphasized by participation in the ceremony of the Minister of Oil and Gas of the Republic of Kazakhstan Sauat Mynbayev, the Minister of Energy of the Russian Federation Sergey Shmatko
Marriageable Daughters. Samruk Kazyna Fund delays placement of shares for state-owned oil and gas companies
#4 (70), October 2011 special issue
Samruk-Kazyna Fund intends to introduce shares of 8 major state-controlled companies to domestic stock exchange market before 2015. This is believed to not only bring trading on the stock exchange back to life, but also to influence state property management principles in Kazakhstan.
The Third Coming
#2 (68), April 2011 special issueIn late 2010, the Kazakhstan national company KazMunayGas has made a new expansion to the foreign markets. The Kazakh-Korean consortium in the structure of KMG (which is represented by the company’s subsidiary JSC KazMunayGas Exploration & Production) and South Korean Korea Gas (KOGAS) has won a tender for the development of one of the gas fields in Iraq - Akkas.
Tengizchevroil: 2010 in Review. Safety and Health
#2 (68), April 2011 special issue
Safety and health of our workforce is a core value for TCO. Our commitment to ensuring safe and reliable operations resulted in continued world-class results, in fact, in 2010 we recorded our safest year ever.
An important aspect of safety in an operation such as Tengiz is motor vehicle safety. We also recorded our safest year ever in this area, another world-class result.
Chevron Launches First Metal-Plastic Pipe Production in Kazakhstan
#2 (68), April 2011 special issue
Setting a course for innovation and economic diversity in Kazakhstan, Chevron has inaugurated an advanced, high-tech production process for manufacture of composite metal-plastic pipe at the Atyrau Polyethylene Pipe Plant (APPP). No other facility with this capability exists in any of the CIS countries.
Kazakhstani Vector of LUKOIL
#2 (68), April 2011 special issue
Andrey Prokofievich Kirillov, director of LUKOIL Overseas Service B.V. branch in Astana, answers the questions of Petroleum.
Andrey Prokofievich, LUKOIL is considered to be one of the first companies which have launched its activity in Kazakhstan: the company’s arrival took place in 1995. Can you tell us about the volume of investments in the oil and gas industry over these years?
The New Time of AtyrauNefteMash
#2 (68), April 2011 special issue
The enterprises like people each have their own destiny. The history of the machine-building plant began in the first quarter of the last century when on the basis of mechanical workshops for servicing water and railway transport a new plant was formed which started to release equipment for oil fields.
Nobody could predict then that in decades it will become a leading machine-building enterprise in the industry and the whole country. For a long period of time it had the name of the plant evacuated from Ukraine «The Plant Named after Petrovsky», and in 2000 received its present name - AtyrauNefteMash LLP.
The Pre-Caspian Gas Pipeline Has Been Frozen
#1 (67), February 2011
This forces Kazakhstan to more actively redirect its gas streams towards China
The estimates of Kazakhstan to earn money on the transit of Turkmen gas via the territory of Russia have not come true. At the same time it is clear that those volumes of gas which Kazakhstan planned to direct to the Pre-Caspian pipeline system for further flow to Europe will be developed in the opposite direction – to the southern neighbour, China.
The State and Prospects of Infrastructural Development on the Caspian Sea
#1 (67), February 2011
By order of KazMunayGas, the Kazakh Institute of Oil and Gas has prepared and presented the final report on the project «Renewal of the complex plan for development of the coastal line of the Kazakhstan sector of the Caspian Sea» (KSCS). The initial complex plan was elaborated in 2005, however considerable changes occurred in recent years in the plans and projects for development of the Kazakhstan sector of Caspian Sea and creation of appropriate infrastructure. The data have changed on expected reserves and prospects for development of fields and structures in the Kazakhstan sector of the Caspian Sea, on the prospects of production, processing and transportation of hydrocarbons (in particular, the terms have been transferred of the start of oil production at the Kashagan field - for 2012 - the start of pilot commercial development). Also, a number of coastal infrastructural facilities in the Atyrau and Mangystau regions (in the area of Aktau, Bautino and Euryk) were built and put into operation. Now it is needed to specify the demand for additional facilities of coastal infrastructure in the Kazakhstan sector of the Caspian Sea (shipyards, metalware plants, etc.).