Kurmangazy: PSA Will Be Signed This Year
Negotiations between KazMunaiGas and Rosneft on signing a production sharing agreement (PSA) at Kurmangazy field are not finalized yet, KazMunaiGas President Uzakbai Karabalin reported. details >>
There are Suppliers and Then There are Producers
An import substitution program and industrial innovation development strategy initiated by Kazakhstani Prime Minister Danial Akhmetov, provided Kazakhstani enterprises with an opportunity to participate in the implementation of petroleum projects of many millions. For the time being only a few companies were able to find their bearings in this rapidly growing business. Representatives of major petroleum projects have stated many times that they use Kazakhstan suppliers’ services to the maximum. However there are objective reasons preventing foreign companies to expand cooperation with local contractors. details >>
Introducing Volvo
At the present time Kazakhstan is undergoing very important phase of its development. The rise in oil-and-gas, mining, and construction spheres necessitate quality equipment capable of meeting the highest requirements as to the reliability, productivity, ecological compatibility, and economic benefits. Machines and power installations made by Volvo comply with the highest standards regarding all these parameters. details >>
- The regulatory framework for investing in Kazakhstan is constantly developing. What main changes in this sphere took place during the last year in the regulatory framework for investing in Kazakhstan’s oil and gas sector? details >>
Ecological legislation is not adapted for work on shelf
One of the main problems of the development of shelf is incompliance of ecological standards adopted in Kazakhstan with international ecological principles of the production at sea. Alexander Freiberg, director of the Kazakhstan Agency of Applied Ecology provides below comments and advice regarding the Kazakhstan ecological legislation. details >>
On Ecological Zoning of the Caspian Sea
This article describes an effort to make a zoning in the coastal part of the Kazakh Caspian Sea Sector with a view to preserve its unique bioresources in the course of current development of hydrocarbon reserves of the region. details >>
NEIGHBORS
Russia is open for cooperation with Kazakhstan
Kazakhstan continues to score points in the international oil and gas table of ranks. Few people doubt that Kazakhstan is becoming one of the world leaders in oil production and export. Russia is glad to see it because a perspective like that promises Kazakhstan a stable development and prosperity, and because the fuel and energy complex is a critical area in cooperation of two countries. details >>
