Projects
How Much Can Central Asia Compensate Gazprom for the Lost European Market?
#4 (148), September 2024The major contracts for the supply of Russian gas to Central Asia, announced earlier this year and expected to be signed during the St. Petersburg International Economic Forum (SPIEF) in June, have ultimately resulted in the extension of an expanded agreement with Uzbekistan and a contract for the supply of 340 mln cubic meters of gas annually from Russia to Kyrgyzstan's thermal power plants.
Through Russia, Across the Caspian, or to China?
#4 (148), September 2024The Presidential Administration of Kazakhstan and the Antimonopoly Agency Have Different Opinions on the Matter On July 30, 2024, the President of Kazakhstan, Kassym-Jomart Tokayev, approved the National Development Plan of the Republic of Kazakhstan until 2029.
Prospects and Barriers to the Development of Kazakhstan❜s LPG Market
#4 (148), September 2024The LPG market in Kazakhstan presents an interesting alternative to the Russian market despite the latter's significant advantage in balance factors. In contrast to a liberalized market model, the market in Kazakhstan is subject to strict regulation. We present a detailed analysis of the LPG market in the Republic of Kazakhstan.
Kazakh Oil for the European Union. Can Europe Replace Russian Crude with Kazakhstan❜s?
#2 (146), April 2024 special issueKazMunayGas and the Croatian oil transportation system operator JANAF, following the results of the first meeting of the Kazakh-Croatian intergovernmental commission on trade and economic cooperation in Zagreb earlier this year, have signed a memorandum of understanding. The document confirms the readiness of the parties to begin discussing cooperation in oil transportation and the storage of oil and oil products.
Tengizchevroil❜s Impressive Performance Results for 2023
#1 (145), February 2024 special issueTengizchevroil LLP (TCO) on February 2024, announced its business performance results for 2023, with crude oil production at 28.9 million metric tonnes (230.6 million barrels), while total air emissions intensity was reduced to the lowest rate since 2000. During last year, all of TCO’s dry gas sales were provided to the Kazakhstan domestic market and the company remained a consistent supplier of liquified petroleum gas to local residents and industry.
Year-End Summary of Kazakhstan❜s Gas Sector
#1 (145), February 2024 special issueThe national company QazaqGaz, with the support of the government, the Ministry of Energy of Kazakhstan, and the Samruk-Kazyna Fund, has carried out extensive reforms in the country's gas industry over the past two years. These reforms have already produced tangible results: for the first time in the company's history, dividends were paid out to the Samruk-Kazyna Fund in the amount of 27 bln tenge.
Plastic Recycling, Glass Processing, and Hydroponic Installations: Eco-Projects by Students Transforming the World
#6 (144), December 2023On December 13, Nazarbayev University hosted a showcase of eco-projects from the Sustainability Living Lab (SLL) program, a unique initiative promoting environmental sustainability in Kazakhstan's universities. Students from Nazarbayev University, Karaganda Buketov University, and other domestic higher education institutions presented their eco-projects to journalists.
The return of the Great Silk Road
#6 (144), December 2023In the middle of October 2023, Kazakhstan President, Kasym-Zhomart Tokayev, took part in a 10th Anniversary Forum for the global “One Belt, One Road” initiative.
The Kazakhstan President noted that the initiative had proved its worth, been recognised by the global community and transformed itself into an immense project on a global scale, becoming a vital platform for collaboration.
CPC-K Receives Paryz-2023 Gold Award
#6 (144), December 2023On December 12, 2023, an award ceremony for the Paryz competition was staged in Astana. It was attended by the President of the Republic of Kazakhstan Kassym-Jomart Tokayev. The gold award of the republican competition for social responsibility “Paryz” in the nomination “The Best Socially Responsible Enterprise” in the big business category was allotted to the Joint Stock Company “Caspian Pipeline Consortium-K”.
Uzbekistan Considers Gas Hub Project for China, India, and Pakistan
#6 (144), December 2023The commencement of Russian gas deliveries to Uzbekistan via Kazakhstan in early October marked a major headline of 2023 in the global energy market. Industry experts are noting the significant potential of this collaboration, eyeing the possible expansion of transit routes not just to China, but also to India and Pakistan through the TAPI pipeline. In this setup, Uzbekistan stands to not only earn revenue from the transit of Russian gas but also to establish itself as a fully-fledged gas hub, thereby enhancing its potential.
Arbitration Proceedings with Investors: What s at Stake? Kazakhstan is in Legal Disputes with Shareholders of the Kashagan and Karachaganak Projects
#5 (143), November 2023Several investors involved in the development of the massive Kashagan oil field in the Caspian have informed the Kazakhstan government of their potential recourse to international arbitration. This move comes in response to a $5 bln environmental fine imposed on them, as reported by Bloomberg, citing a source.
The Kalamkas-Sea, Khazar, Auezov Project Advances The Kalamkas-Sea, Khazar, Auezov Project Advances
#5 (143), November 2023The offshore Caspian project, Kalamkas-Sea, Khazar, Auezov, agreed upon for joint implementation by KazMunayGaz and Lukoil, is expected to enter the project documentation phase in the fourth quarter of the current year, as revealed by the head of KMG, Magzum Mirzagaliyev. He noted that the procedures for forming the project operator, Kalamkas-Khazar Operating LLP, are nearing completion.
The Pivot of Gas Lines. For the first time, Russian gas flows The Pivot of Gas Lines. For the first time, Russian gas flows
#5 (143), November 2023On his 71st birthday, Russian Federation President Vladimir Putin celebrated on October 7 at his suburban residence, Novo-Ogaryovo, accompanied by the presidents of Uzbekistan, Shavkat Mirziyoyev, and Kazakhstan, Kassym-Jomart Tokayev. He greeted them in the new domestic off-roader, the Aurus Komendant, even offering a brief tour around the residence grounds.
China's March. The Celestial Empire Expands Presence in Kazakhstan's Oil and Gas Sector
#3 (141), June 2023Kazakhstan's President Kassym-Jomart Tokayev returned from Xi'an with a substantial package of signed bilateral agreements that will bolster Chinese presence in the country's oil and gas industry. The state visit took place from May 16th to 20th and was aligned with the Kazakhstani leader's participation in the Central Asia-China summit.
CPC Is Ready for Kazakhstan's Big Oil
#3 (141), June 2023The construction of the Caspian Pipeline Consortium's (CPC) trunk oil pipeline infrastructure, which kicked off in 1999, has emerged as one of the largest investment projects in the energy sector involving Kazakhstan, Russia, and global upstream players.
The Innovative Technology of PetroKazakhstan for the Sake of Company and Environment
#3 (141), June 2023The Project “Processing Liquid Oily Waste by Centrifugal Separation with the Production of Sales Oil, Purified Water and Waste Solids” implemented by PetroKazakhstan Kumkol Resources JSC won Tech Garden Awards-2022 and also became the winner in the Best Environmental Project nomination.