Latest Kashagan Field Stories

2008-10-06 03:00:14

Text of report by state-owned Kazakh TV on 3 October [Presenter] The problem of how to determine the legal status of the Caspian Sea will be resolved if a common agreement on the security of the littoral states is concluded. This view was expressed by specialists at an international conference in Almaty entitled "Caspian Dialogue-3". The five Caspian littoral states - Kazakhstan, Azerbaijan, Iran, Russia and Turkmenistan - have failed to come to agreement on the legal status of the sea for...

2008-10-02 03:00:39

By Watkins, Eric The fate of Russian oilman Mikhail Khodorkovsky has been written about before in this space and he has not been forgotten, especially in the heat of recent reports of Russia's attack on Georgia. Indeed, we have long sensed that his treatment at the hands of the regime of then-President Vladimir Putin, now Russia's prime minister, was a bad sign for the oil and gas industrywhether Russian or international. Events have borne out our foreboding: Khodorkovsky's arrest, trial,...

2008-09-22 12:00:33

Text of report by corporate-owned Russian news agency Interfax Aktobe, 22 September: Kazakh President Nursultan Nazarbayev asks his Russian counterpart, Dmitriy Medvedev, to instruct the governments [of both countries] to solve the issue of expanding the Caspian pipeline consortium (CPC). "I would like to ask you that we instruct the governments to completely solve the issue of expanding the CPC," Nazarbayev told the Russian president during his final speech at a forum of [the heads of]...

2008-08-31 09:00:26

The following is the text of Nadejda Shumilina's report "To Kill the Caspian Sea" published by the Kazakh newspaper website Vremya on 13 August: "Millions of tonnes of poisons will pour on our heads," this is what academician Muftakh Diyarov sharply said about the volumes of pollutant emissions from a new oil processing facility during a public consultation in Atyrau Region. The Agip KCO company plans to create an additional petrochemical processing facility, that is, an installation for...

2008-08-27 12:01:19

Following is an excerpt from Andrey Stepanov's report published by the Kazakh newspaper Novoye Pokoleniye on 8 August Last week, information blockade around Kashagan, the largest oil and gas project in the Kazakh section of the Caspian Sea, was lifted. Luciano Vasques, the regional director of the Agip KCO consortium, which is developing Kashagan, told the Kazinform state agency in an interview that the extraction of oil in Kashagan could start before October 2013. He confirmed that...

2008-06-14 21:00:11

ASTANA. June 14 (Interfax-Kazakhstan) - Italy's Eni plans to invest over $7 billion in projects in Kazakhstan in four years, CEO of Eni Exploration and Production Division Stefano Cao has said. At an international business conference in Astana on Friday he said that so far Eni has invested $5 billion and plans to invest over $7 billion more in the next four years. He added that in 15 years Eni has become a major foreign investor in Kazakhstan. In Kazakhstan Eni operates the pilot stage...

Word of the Day
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'