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Comments to the State Program for Caspian Sea Development
The Government's Caspian Development Plan is for the years 2003-2015. It identifies the government's policies for development of the Caspian Sea, reflecting the importance of the energy sector for the overall growth of the Republic and the welfare of its people. This article makes an attempt to address some of the issues that require further attention in order to make this program a success. details >> |
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Let's play under the concept of win-win,
or Petroleum soccer in Kazakhstan
Oil and gas projects, as long term investments, require the confidence of investors that the terms and conditions of contracts will be respected throughout a project's lifetime. The international investment community has very big ears and they listen to every sound and vigorously interpret what they hear. details >> |
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Industry problems through the eyes of investor
A vigorous growth of oil production in the republic and commencement of the large-scale development of the Caspian Sea shelf dictate a need for immediate solving of many problems. details >> |
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Investments into Oil Industry of Kazakhstan
Over the last years, all efforts of Kazakhstan to ensure a steady economic growth and macro economic stability have been successful. Hence Kazakhstan can be considered among countries where effective reforms are taking place. And still, Kazakhstan meets with the need to make a strategic decision: along with securing an economic growth by developing a raw materials base, a more balanced structure of the national economy needs to created. details >> |
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KMG Will Create a New Holding
KazMunaiGas’s subsidiaries Uzenmunaigas and Embamunaigas will be reorganized by way of merger in the 1st quarter of 2004. details >> |
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Starting New Year with new top management
Personnel appointments have been made at KMG by the order of KazMunaiGas President as of January 5, 2004. Kairat Krymov has been appointed General Director of KazTransOil. details >> |
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Rental Tax on Oil Export
Kazakhstani President Nursultan Nazarbaev has signed a law on introducing a rental tax on oil export. details >> |
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‘Dostyk’ means friendship
Ministry of Energy and Mineral Resources of RoK and KazMunaiGas signed at the end of last year documents giving KazMunaiGas the right of subsurface use at Tyub-Karagan and Atash sites at Dostyk. details >> |
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Seven main conditions of PSA
Preliminary hearings on the bill for production sharing agreement were held at the Parliament with participation of Kazakhstan’s Energy and Mineral Resources Minister Vladimir Shkolnik and KazMunaiGas President Uzakbai Karabalin. details >> |
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OIL NEWS OF KAZAKHSTAN
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