Directory of the Companies

News 2021

October 2021

Total

French oil and gas company Total plans to invest 70 billion tenge in Kazakhstan over 5 years.
 
September 2021

NCOC

North Caspian Operating Company N.V. (NCOC), the Operator of the North Caspian project, announces that it has reached another significant production milestone - 500 million barrels of oil since the start of the Kashagan oil production 5 years ago.

September 2021

Minister of Energy

Mirzagaliev Magzum Maratovich was appointed Minister of Energy of Kazakhstan.

September 2021

KMG/Shell

KazMunayGas (KMG) and Shell Kazakhstan B.V. (Shell) signed a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS).

September 2021

National Geological Service

"Kazakhstan will set up the National Geological Service," Kazakh Ecology, Geology and Natural Resources Minister Magzum Mirzagaliyev told the Government meeting.

August 2021

CPC

The volume of oil shipped through the sea terminal of the Caspian Pipeline Consortium in the port of Novorossiysk in January-July 2021 amounted to 35.29 million tonnes, which is 1.2% less than the same period in 2020 at 31.72 million tonnes.
 
June 2021

CPC

On 10 June 2021, Caspian Pipeline Consortium paid out the first ever tranche of dividends to its shareholders for Q4 2020 and Q1 2021. The total amount of dividends payable for that period is USD 665 mln. USD 548 million was distributed to the CPC shareholders in the first tranche (net of withholding tax based on Russian tax law).

June 2021

NCOC

Proger, through its local company Caspian Proger, has signed a five-year framework agreement with the North Caspian Operating Company (NCOC).
May 2021

OMV Petrom

Romanian oil and gas group OMV Petrom said that it has closed the sale transaction for its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) in Kazakhstan to Magnetic Oil Limited.
May 2021

KazMunayGas

The composition of the Board of Directors of National Company KazMunayGas has been changed.

May 2021

Restriction on the export of gasoline

From May 9, 2021, Kazakhstan introduces a six-month restriction on the export of gasoline, diesel fuel and a number of oil products, including light oil, by road outside the republic.
April 2021

KazMunayGas

On April 5, in the city of Saran, Karaganda region, an Agreement was signed on the basic terms of interaction under the Butadiene project, implemented by KazMunayGas together with Tatneft.

March 2021

Kazakhstan - EU

Kazakhstan sends 80% of the exported oil to the EU countries.
March 2021

Chevron Phillips Chemical

Kazakhstan is looking for a strategic partner for a polyethylene production project with a capacity of 1.2 million tonnes per year.
March 2021

BP

Oil and gas company BP refused to develop the Kalamkas-sea, Bolshoy Zhambyl and Zhemchuzhnaya blocks, with reference to the national company KazMunayGas.
March 2021

Air Liquide

Air Liquide increases its presence in Kazakhstan through its 75% owned joint venture Air Liquide Munay Tech Gases (ALMTG).