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Latest Energy in Kazakhstan Stories

2008-07-17 21:00:31

MOSCOW. July 17 (Interfax) - Gazprom Neft (RTS: SIBN) CEO Alexander Dyukov confirmed his company's interest in acquiring a 49% stake in Kazakh gas producer MangistauMunaiGaz and launching strategic cooperation with the company at a meeting with KazMunayGas President Serik Burkitbayev on Thursday, the two companies said in a joint press release. The two officials also discussed cooperation between Gazprom Neft and KazMunayGas as concerns the joint exploration, extraction and refining of oil...

2008-07-16 21:00:26

MOSCOW. July 16 (Interfax) - Russia and Oman have discussed bilateral cooperation, including on the Caspian Pipeline Consortium (CPC) project. The talks were held between Oman's National Economy Minister Ahmed bin Abdul-Nabi Makki, Trade and Industry Minister Makbul bin Ali Sultan, Russian Energy Minister Sergei Shmatko and Trasneft's President Nikolai Tokarev, Transneft's Vice President Mikhail Barkov told Interfax. In particular the ministers discussed Russia's plans to buy Oman's stake...

2008-07-16 21:00:25

MOSCOW. July 16 (Interfax) - Oil production in the northern portion of the Caspian Sea may reach 37 million tonnes a year by 2023, Deputy Energy Ministry Anatoly Yanovsky said at the Caspian energy forum in Moscow on Wednesday. Gas production in the region might rise to 18 billion cubic meters (bcm) a year by 2023, he said, citing Energy Ministry estimates that include new discoveries. Russian oil major Lukoil (RTS: LKOH) has reserves in the northern Caspian topping 290 million tonnes of...

2008-07-15 09:01:21

Text of report by Hungarian privately-owned liberal newspaper Nepszabadsag website, on 14 July [Report on interview with Kanat Bozumbayev, Samruk Holding president, by Peter Dunai in Astana; date not given: "Will There Be Supplies for Nabucco, Stream Pipelines? - in Conversation With Kanat Bozumbayev, President of Kazakhstan's Top State-Owned Samruk Holding "] In response to Nepszabadsag's question on the business and political prospects of the future construction of Nabucco and other gas...

2008-07-13 15:00:24

Text of report by Russian newspaper Gazeta, owned by metals magnate Vladimir Lisin, on 7 July [OSC Translated Text] [Article by Nikolay Vardul: "Going down Putin's path" - taken from HTML version of source provided by ISP] [Russian President] Dmitriy Medvedev has conducted a tour of the capitals of Azerbaijan, Turkmenistan, and Kazakhstan. According to the official theory, his visit was completely a protocol one. In reality, even the tour route itself suggests that hidden behind the...

2008-07-13 09:00:33

Text of report by Russian state news agency ITAR-TASS Asgabat, 13 July: Turkmenistan and Kazakhstan have been conducting talks on Turkmen gas exports. Turkmen Deputy Prime Minister Tacberdi Tagyyew, who is in charge of the country's oil and gas sector, briefed the president about the talks' results today. Kazakh President Nursultan Nazarbayev came up with a proposal to buy Turkmenistan's gas at a recent meeting with Turkmen President Gurbanguly Berdimuhamedow in Astana, where the latter...

2008-07-11 21:00:19

ARKHANGELSK. July 11 (Interfax) - Russian Deputy Prime Minister Igor Sechin has said the government is discussing the possibility of acquiring Oman's stake in Caspian Pipeline Consortium (CPC). Oman decided earlier to withdraw from the CPC due to what it called the inefficiency of the project. The governments with stakes in the CPC - Russia and Kazakhstan - have the preemptive right to buy out Oman's 7% stake. Russia and Kazakhstan could split Oman's stake in the CPC equally among each...

2008-07-11 09:00:59

The China National Petroleum Company has commenced construction of the Central Asia to China natural gas pipeline. The Central Asia-China pipeline is reportedly the largest among China's overseas gas projects. With a total length of 1,818km, it will originate at the Turkmenistan-Uzbekistan borderline, passing through Uzbekistan, across southern Kazakhstan and into China's Xingjiang autonomous province at Horgos, where it will be connected with the country's second West-East gas pipeline....

2008-07-10 00:00:24

ALMATY. July 9 (Interfax) - According to early estimates, construction of the Kazakhstan-China gas pipeline will come to $6 billion, the general director of TOO Asia Gas Pipeline, Beimbet Shyakhmetov, told journalists on Wednesday. "There is still no design and budget documentation for the compressor equipment, automatic controls and auxiliary equipment. However the preliminary cost comes to $6 billion-$6.5 billion. This is for the phase of construction covering the Uzbekistan-Kazakhstan...

2008-07-10 00:00:24

ALMATY. July 9 (Interfax) - A ground-breaking ceremony was held on Wednesday at the 42nd kilometer of the Almaty-Kapchagai highway to mark the beginning of the construction of the Kazakhstan-China gas pipeline. The ceremony was attended by Kazakh Energy and Mineral Resources Minister Sauat Mynbayev and Asian Pipeline General Director Beimet Shayakhmetov. The Kazakhstan-China gas pipeline has two parallel strands with a diameter of 1,067 millimeters and a length of 1,304 kilometers. The...