For nine years we traditionally devote a journal issued in October to the major Kazak-hstan oil exhibition and conference KIOGE, where the petroleum elite of both Kazakhstan and western oil companies, operating in our country, are gathered. The representation of various spheres of oil business and also the high level of participants allows discussing the most vital issues of the sector of industry. details >>
INVESTMENT CLIMATE
Foreign Investors Council: A Mirror of Industry’ Problems
The Oil & Gas Working Group was created during the Plenary Session of the Foreign Investors Council, which took place in June 2003. Below is the Working Group Report that was presented to Foreign Investors Council this June. details >>
Cooperation with the UK: Economic Efficiency and Political Effect
The UK is increasingly focusing on it is long-term energy security – diversity of supply and liquidity of markets – and it is clear that Kazakhstan has a role to play here. UK' Extraordinary and Plenipotentiary Ambassador in Kazakhstan James Sharp tells O&G about bilateral cooperation in the oil and gas sector. details >>
PROJECTS
Supply Of Petroleum Products To The Domestic Market
Provision of the domestic market of the Republic with petroleum products partly depends on the production capacities of three plants. The low loading of domestic refineries also affects the efficiency of oil processing. details >>
Uzenmunaigas: 40 years for the good of homeland
On July 12, 2004 cumulative production of Uzenmunaigas, a production subsidiary of Exploration Production KazMunaiGas JSC, reached 300 mln tons of oil from starting date of Uzen field development. Until recently, the field has gone through not the best times. details >>
One project, many opportunities
Successful exploration of the giant Kashagan Field, as confirmed by the Declaration of Commerciality signed in Astana on the 28th June 2002, will lead to Full Field Development (FFD) via the Experimental Programme phase.
In achieving its goals, Agip KCO is committed to generating value for the Republic of Kazakhstan and its consortium companies, while at the same time mindful of the needs of the communities and of the unique environment in which it is operating. details >>
KMTF Builds The Most Equipped Fleet on the Caspian
KazMorTransFlot builds a series of three tankers in Vyborg that would be the most equipped ships on the Caspian. It is planned to receive the first tanker having deadweight of 12000 tons until the end of the year; the second one in April and the third one in November 2005. Using these vessels the company will be able to render services to such foreign companies as TCO, Agip KCO. Daniyar Berlibaev, General Director of the National Marine Shipping Company KazMorTransFlot, tells about these projects in the interview to O&G. details >>
Caspy: to develop ecologically
The implementation of a vast scheme of the development of the Kazakhstan sector of the Caspy somewhat slowed its rate. This year Kazakhstan did not execute a single contract with foreign investors for the North Caspy development. Possibly, the recent amendments in the Kazakhstan legislation regulating petroleum operations affected this process. On the other hand, it may relate to some uncertainty of Kazakhstan about the need in an active and fast development of the Caspy. O&G discusses this issue with one of the respected men in the oil industry who for many years held leading positions in the oil sector, and now heads a western oil company that conducts several projects in Kazakhstan. Our interlocutor is Baltabek Kuandykov, President of Nelson Resources Ltd. details >>
Kazakhstan Contends for BG’s Stake. Who Objects?
Kazakhstan announced its priority rights to purchase a 16.67% share of British BG Group in the North-Caspian Project. Under this project exploration works are run at Kashagan field holding recoverable reserves of 7-9 bln barrels and total geological reserves of 38 bln barrels. details >>
Karachaganak Gas Project: Who Will Win ?
Russia's Prime Minister Michael Fradkov stated that there exist 2 options of Karachaganak gas projects solutions and the parties try to come to one of them so that the interests of two states were at most taken into account. Probably a mutually acceptable decision would be found based on the economic expediency., Russian government chairman emphasized. details >>
New Technologies - Way To Success
With the annual increase in oil and gas production in Kazakhstan a demand is steadily growing for technological equipment to be used in oil and gas operations. At present, well maintenance requirements became stronger due to toughening of ecological requirements and need for making well-workover operations. details >>
KazTransOil Gets Ready for Big Oil
Intensive growth in oil deliveries from the Caspian region and particularly from Kazakhstan takes on strategic importance both for consumers of the Central Asian region and European and Southeast partners. Therefore the companies operating in the area of hydrocarbons production and transportation aim at searching for the most favorable options to deliver energy resources to the world market. KazTransOil, the biggest oil transportation company in Kazakhstan, is also working steadily to ensure new routes for oil transportation. details >>
Pipe to Celestial
A grand ceremony on beginning the construction of Atasu-Alashankou pipeline was held on September 28. From this point, onwards the project which fate was undecided for long time will start to be actively implemented. details >>
LEGISLATION
Subsoil User: What To Know About The Administrative Law
Although the Administrative Code has being been in force for almost four years now, strangely enough many issues surrounding its practical implementation have only recently arisen. In practice both subsoil users and state bodies are facing difficulties in the application of the AC. Why is this the case? What does one need to know in order to avoid a possible administrative liability? details >>
Problematic issues in subsoil use methodology
Oil and gas production projects are usually very profitable ventures. And as such they have their inherent risks. Before investing in oil and gas projects investors evaluate such risks. Exact prognosis of potential risks and final success of project overall largely depend on transparency of subsoil use conditions. Unfortunately, such conditions in Kazakhstan are still not very clear. details >>
Environmental Protection on Offshore Operations
Kazakhstan is currently expanding offshore operations on the Caspian shelf. One of the most important issues for oil and gas companies as well as for the state agencies is how to protect and monitor the environment while producing oil and gas. details >>
COMPANIES
“KazNIPImunaigas
Institute “KazNIPImunaigas” was established as a territorial research and design institute for resolution of scientific and production problems arising in the exploration, development, and operation of oil and gas fields of Kazakhstan. It was established according to the Order of the Ministry of Petroleum Industry of the USSR on the basis of a branch of the All-Union Research Institute of Oil on 30 December 1970. details >>
Talan Construction Company
At present there is the real housing boom in Kazakhstan. The specialists establish the high growth rates of development of the Kazakhstani market of construction, increasing volumes of housing crediting and as a result of this the offers in the market become attractive for the consumers more and more, the proposals of the new and more available accommodations growths. details >>
International acknowledgement of IT- technologies in Kazakhstan
At the present market economy terms and exact competition, the market of integrated systems of all-round automation of enterprises and establishments of the most various profiles and different scales has dynamically developed. Such systems are intended for tasks solution as the enterprise as a whole (financial management of the resources, management of the reserves, planning and production, sale and provision, technical support and equipment repair work, human resources management and e.c.), so as its operating departments. details >>
Reliable Partner in Communication
Golden Telecom came to Kazakhstan in 2000. The largest independent provider of integrated voice and data transmission and Internet services in the CIS countries at that time, Golden Telecom acquired 100% of the charter fund of CA-Telecom which had provided telecommunications services in Kazakhstan since 1995. This amalgamation of operators gave better opportunities for Kazakhstan companies to have integrated telecommunications services all over the world. O&G asked General Director of Golden Telecom Zhakipbek Aidabekov to tell about the company in more detail. details >>
Public Fund “Oil Industry Worker”
On the initiative of veterans of the oil and gas industry a Public Fund “Oil Industry Worker” (“Munaishi”) was established at the beginning of 2004. The main objective of the fund is the support to veterans of the oil and gas industry. All the funds of the Fund are directed exclusively for the support to the veterans who need assistance. details >>
Golf Health Resort “Zhailjau”
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Or how to realize a dream!
Do you want to realize a Dream? Golf health resort “ZHAILJAU” gives you a chance! details >>
