KMG gains bigger share in Kashagan
It makes KMG equal to the project¡¯s major shareholders - Eni, ExxonMobil, Shell §Ú Total. The next step, taken by the national company, will be the requirement to increase its share to 25% and then, maybe, to 51%. details >>
Saga on sulphur: The story continues
TCO was recommended to as soon as possible find alternative methods of sulphur storage, because it is too early to make a conclusion about its safety. Otherwise, certainly, the administration will apply strict mechanisms up to and including the cessation of oil production at Tengiz. details >>
Exports duties for oil
After the successful attack on companies, developing Kashagan, the government is also planning to generate additional income to the state budget from other players in the petroleum market. details >>
Broad front attack
Ministry of Finance proposes the amendments to the Tax Code that "will guarantee a stable income from the mineral resources base of Kazakhstan to the state budget". details >>
Southern Stream flows to the west
Russia pushes forward the South Stream (Yuzhny Potok) gas pipeline project, which is expected to become an alternative to the Nabucco project. details >>
Burgas-Alexandro¨²polis takes shape
The Burgas-Aleksandroupolis project is aimed to evade the Black sea and to reduce oil transportation by tanks through the congested Bosporus and Dardanelles. details >>
