News 2023
KazTransOil
From January 1, 2024, the tariff for the service of KazTransOil JSC for pumping oil for transit through the territory of the Republic of Kazakhstan along the Kazakhstan section of the Tuymazy - Omsk - Novosibirsk-2 (TON-2) main pipeline will be $11.28 USA for 1 ton per 1000 km (excluding VAT).
Kashagan
Oil production at Kashagan decreased by 38%, to 33 thousand tonnes, due to a storm in the Black Sea
KazMunayGas
KazMunayGas acquired a 60% stake in the Production Sharing Agreement at the Dunga field
KazMunayGas
Deputy Chairman of the Board of KazMunayGas Serikkali Brekeshev met with the Vice President of China Corporation Gezhouba Group Co., Ltd (CGGC) Deng Yinqi
LPG
Kazakhstan has introduced a ban on the export of liquefied petroleum gas (LPG) by road and rail from November 14, 2023 for a period of six months, according to the order of the Ministry of Energy.
KazTransOil
KazTransOil will export oil from the Kashagan field via the Atyrau-Samara pipeline in an amount of at least 80 thousand tons monthly.
QazaqGaz
On October 17, Chairman of the Board of JSC NC QazaqGaz Sanzhar Zharkeshov and President of Geo-Jade Petroleum Corporation Day Xiaoping signed an agreement on the basic principles.
KazTransOil
KazTransOil JSC increased exports of Kazakh oil from the port of Aktau by 53% for 9 months of 2023
CPC
In 2023, the Caspian Pipeline Consortium (CPC) plans to achieve a record volume of oil exports 63.7 million tonnes.
QazaqGaz
QazaqGaz and QatarEnergy LNG Companies discussed potential partnership in the gas industry
KazTransOil
The Transneft company has signed an agreement with KazTransOil on the transportation of Kazakh oil through Russia in 2024
Tengizchevroil
Tengizchevroil (TCO) completed one of the most complex overhauls in its history ahead of schedule. Production at all of TCO's production facilities at Tengiz has resumed, according to the company's press service.
Tengizchevroil
The full launch of Chevron's Tengiz expansion project will be delayed until the end of 2024 due to delays in the final stages of the $45 billion development, Bloomberg reports, citing the oil company.
Caspian Integrated Maritime Solutions
Caspian Integrated Maritime Solutions (CIMS), a joint venture between KazMunayGas (KMG) and Abu Dhabi Ports Group (UAE), plans to increase its tanker fleet to 10 vessels
Caspian Oil
Caspian Oil, the ultimate shareholder of which is the son-in-law of former Kazakh President Nursultan Nazarbayev Timur Kulibayev, directed KZT11bln to dividends for 2022 and January-March 2023.
Druzhba oil pipeline
Kazakhstan plans to send 100,000 tons of oil to Germany via the Druzhba oil pipeline in August, despite the shutdown of one of its strings due to a leak in Poland, reported the Kazakh Energy Ministry