2005 : ¹1
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PROJECTS

Kazakhstan Buys BG Share in Kashagan
Kazakhstan will buy 50% share of BG in Kashagan development project in the nearest time. This was reported by Energy and Mineral Resources Minister Vladimir Shkolnik at a meeting with deputies of the senate of RoK on January 28.
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KazTransOil: new level, new standards
Considering the potential possibility of negative influence of its own activities on the environment, a major oil transport enterprise of Kazakhstan, KazTransOil, has introduced an integrated system of management (ISM) of the quality and environment in accordance with international standards ISO 9001:2000 and ISO 14001:1996.
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Government and investors: How to implement the aspirations
When assessing the risk and reward balance at investing in oil operations support infrastructure in the Kazakh Caspian Sea Sector, where essentially the most of the country's hydrocarbons potential is located, one should consider such important aspects as long-term plans, access to markets and the supporting regulatory framework.
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Geological Exploration as a Component of Success
After almost ten-years' period when geological exploration on a national scale nearly came to naught, it is eventually understood that if one would conduct production only at the explored fields, which in most cases implies only skimming the cream off, then one can give up hopes to become an oil power. After all, it is impossible to implement ambitious plans of Kazakhstan to increase hydrocarbons production several times without constant replenishment of resource base. Understanding this, the government gradually increases amounts of financing for exploration works to discover hydrocarbons.
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Prospects of Petrochemistry Development in Kazakhstan
Well-known international companies including BG Group, Eni, ChevronTexaco and LUKOIL are participating in the development of the Karachaganak field. They have rich experience in not only oil and gas production, but also in the application of the latest technologies for reducing the negative impact on the environment.
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INVESTMENT CLIMATE

Advantages of Preemptive Right
In the last issue Kanatbek Safinov, Managing Director for Legal Support of NC KazMunaiGas, one of the leading lawyers in oil and gas sector presented his viewpoint on certain questions. Below you can read the comments of Michael Wilson, who has long-term legal practice in petroleum industry of Kazakhstan. Michael Wilson is the head of Law firm Michael Wilson & Partners.
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Council of Investors as a mirror of mastery of diplomacy
There was practically no criticism on the part of investors, and the recommendations uttered were mostly of a general nature.
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Oil News of Kazakhstan

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COMPANIES

KuatAmlonMunai 10 Years in the Petroleum Arena
JV KuatAmlonMunai celebrated its tenth anniversary at the end of the last year. Undoubtedly, this is a significant date in the life of every company operating in oil and gas industry. If consider the fact that over this period the company has carried out a substantial scope of work for infrastructure improvement at the fields developed. KuatAmlonMunai Board Member Shyngys Kulzhanov tells about performance results and development prospects to Oil & Gas of Kazakhstan.
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ECOLOGY

Leaking Underground Storage Tanks
In January 2004, the Statistic Agency of Kazakhstan reported that there are over 4,000 petrol stations in Kazakhstan. Each station normally has at least one underground storage tank (UST) containing petrol. A very high percentage of these tanks (and their entry and exit piping system) are old having been established during the Soviet era and are made of bare steel without cathodic corrosion protection.
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NEIGHBORHOOD

Mean truths
The entire history of YUKOS's destruction is a history of relations between Khodorkovsky and Putin, deep, human, complicated, and, at the same time, simple relations.
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News

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4-5, 2010
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