Kazakhstan had a secret fund
Our country is periodically agitated by the rumors about Kazakhstani President's private foreign accounts. To end such talks, Premier Imangali Tasmagambetov in his address to deputies explained the procedure of forming of Kazakhstani foreign accounts. details >>
COMPANIES
KazMunaiGas To Be An Operator On the Shelf
KazMunaiGas President Lyazzat Kiyinov made an effort to dispel apprehensions of foreign companies in connection with the establishment of the Kazakhstani oil giant. details >>
Hurricane on the Threshold of a Big Deal
Hurricane Kumkol Munai has advised its creditors of its intention to effect a big deal with affiliates and third parties, that may result in the increase of the company's obligations to 25% and more of the equity capital of this company. details >>
Sulphur Played a Mean Joke With Tco
Atyrau oblast department of the Environment Protection has put a fine on the Tengizchevroil ltd for the wildcat disposal of a lump sulphur totaled 11 billion tenge. Within eight years of TCO activity in the region the amount of sulphur has reached 6 million tons. details >>
Baku-Ñeyhan: Specifications Are Still Closed
According to experts, the main reason, having influence on construction of the Baku-Ceyhan pipeline, is realization of political interests and at least degree economic considerations. details >>
CPC Doesn't Want To Be A Monopoly
The Head of the oil and oil products transportation department of the Federal Energy Commission (FEC) of RF Alexander Korshunov informed, that the commission may consider the question of inclusion the Russian section of the Caspian pipeline consortium's oil main in the list of natural monopolies. details >>
Ashgabat: Move Forward in Caspian Problems Resolution
The first summit of five Caspian region heads of state was held on April 23-24 in Ashgabat. At this summit the heads of states did not manage to reach consensus and sign a joint document related to the Caspian Sea issues. details >>
We Will Develop Caspian Jointly With Russia
A document signed on May 12 in Moscow between Russia and Kazakhstan in the field of developing North Caspian Sea Sector is a breakthrough in solving of the entire complex of problems associated with the Caspian Sea. This step is of special significance against quite a difficult geopolitical situation in the Caspian region. details >>
Anti-Turbulent Additive Gave Results
In 2001 due to use of the anti-turbulent additive the record volume of export oil amounting to 14.5 million tons was pumped through the Atyrau-Samara pipeline. Economic effectiveness, as a result of its application, came to US $3.5 million. details >>
NEIGHBOURHOOD
Iraq's Unexpected Embargo
Iraq threatened with its oil muscle. Only for 30 days for the time being. Nevertheless, this has compelled western countries to adjust alternative energy deliveries. details >>
Shell Invited Gasprom to Sakhalin
RD/Shell made it clear that that the Russian government is expected to work not only in the interests of Russian business, but in the interests of foreign investors as well. details >>
