News 2023
KazTransOil
KazTransOil has applied to the Committee for Regulation of Natural Monopolies to change the approved tariff for oil transportation services through the system of oil pipelines to the domestic market of the Republic of Kazakhstan for 2021-2025.
QazaqGaz
General Director of QazaqGaz Exploration and Production Almas Kuandykov spoke about the implementation of the Roadmap to increase the resource base of commercial gas. The plan provides for the launch of several fields, with reference to the press service of the national company QazaqGaz.
Kashagan/Karachaganak
The Kazakh government has initiated arbitration proceedings in respect of two of the country's three major oil and gas projects, Kashagan and Karachaganak
NCOC
Kazakhstan has filed a lawsuit against the North Caspian Operating Company (NCOC), a consortium developing the Kashagan field, for about $5.14 billion for environmental violations
KazMunayGas
KazMunayGas, which owns the Romanian Rompetrol group and the largest oil refinery in Romania (Petromidia), has reportedly reached an agreement with Russia's Lukoil group to acquire filling stations in Romania
BTC
The planned volume of oil shipment in the Baku-Tbilisi-Ceyhan direction for April 2023 is 125,000 tonnes.
KMG PetroChem
"KLPE" company made a rebranding: now the company is called "KMG PetroChem" LLP (100% owned by KMG)
KazTransOil
JSC "KazTransOil" has started shipping 25 thousand tons of Russian oil for transit through the territory of the Republic of Kazakhstan to the Republic of Uzbekistan
Lukoil
Lukoil plans to enter the retail fuel market of Kazakhstan by launching a franchisee project.
KazMunayGas
KazMunayGas withdraws from the Isatai project and returns the site to the government.
Kashagan
The KazTransOil oil transportation company plans a test shipment of 7,000 tons of oil from the Kashagan oil field through Aktau seaport to Baku port this month, reported the company’s press service.
Nostrum Oil & Gas
Nostrum Oil & Gas PLC said on Friday it had agreed to acquire 80% of Positive Invest LLC for USD20 million.
KazTransOil
Temirkhan Abdirov was appointed Deputy General Director for Production of KazTransOil JSC. By the decision of the Board of Directors of KazTransOil JSC dated March 6, 2023, Temirkhan Abdirov was elected a member of the Management Board of KazTransOil JSC.
KEBCO
The market discount between KEBCO and Brent is about $3 per barrel. This was announced by the head of KazMunayGas Magzum Mirzagaliyev at CERAWeek.
CPC
Oil lifting from CPC Marine Terminal was suspended on 18 February 2023 due to weather conditions (strong gale force winds, high waves)
Oil export to Germany
Vice Minister of Energy of Kazakhstan Askhat Khasenov spoke about 20,000 tonnes of oil, which were to be sent to Germany by the end of February.