Kazakhstan at the threshold of economic collapse?
None of the governmental programs mention the world economic cycles and the government, seemingly, has not realized yet that the period of favourable foreign-economic market structure fell behind. details >>
Petrochemical area
The major goal of the National industrial petrochemical technological park SEZ in the Atyrau Oblast is the implementation of innovative investment projects, the launch and development of world-class hydrocarbon raw material deep processing petrochemical plants and the production of a wide range of competitive petrochemical productions with high added value. Bergey Saulebayevich Ryskaliev, the Atyrau Oblast Akim, shares with O&G readers about the current projects and prospective plans of the region. details >>
DOWNSTREAM
Gas price: New way of friendship
At the beginning of January, Kazakhstan and Russia defined a scheme of gas supply to Orenburg. An arrangement was reached on the price and volume of Uzbek gas, to be supplied. Mr. Kiinov gave the following comments on the contract details: "We agreed that the entire gas, to be supplied by Uzbekistan under the appropriate tripartite agreement, will be sold to Gasprom, while the latter will sell gas to us in the south of the country. The gas volumes and price, at which we buy gas from Gasprom in the south, will equate to those of Karachaganak gas, to be supplied by us to KazRosGas in the north for its further processing at the Orenburg GPP". Therefore, Mr. Kiinov announced, "we’ve got a chance to adjust the gas prices". details >>
GPP at Karachaganak
The development of a feasibility study of the gas processing plant construction at Karachaganak is planned to be accomplished in April of this year, KMG President, Uzakbay Karabalin, said. According to him, the feasibility study will be submitted for consideration to the government already in early May of this year. details >>
Petrochemical plant' construction will cost more
Analysis demonstrates that Kazakhstan has a number of advantages for organization of petrochemical capacities construction. Raushan Sarmurzina, the Director of MEMR Department for technological development and state assets management, informs us about this new industry development plan and its implementation in our country. details >>
KMG is developing the petrochemical sector
The basic products, to be produced at the first integrated petrochemical complex, will serve as raw material for production of dozens of plastic good items. Meanwhile, its construction, scheduled for 2007, has failed to be launched as yet. details >>
Large project is being accomplished at PPCP
This is an important facility, aimed at strengthening the quality of benzene and diesel oil to meet European standards. This project will allow the reduction of sulphur content to the minimum. details >>
PKOP: In expectation of renovations to the plant
In 2008 it is planned to start the project of modernization. As a result, the production of light oil products will increase from 61% to 89%, and the quality of products produced will be raised to the level of EURO-3 standards. details >>
Azerbaijan to build a petrochemical complex
The implementation of this project will ensure a long-term leading position of Azerbaijan in the petrochemical industry of the region, covering the Caspian and Mediterranean Seas. details >>
Moscow follows the rules, or World level price
For the first time in the last few years Russia took a step, which allows it to regain long-term influence on Central Asian countries that was evidently lost after the collapse of USSR. details >>
Variations on a Ukrainian theme
Our country would like to supply larger volumes of energy resources to Ukraine. However, today, there is a problem with its transportation that can be supported only by Russian oil pipelines. details >>
PROJECTS
KMG goes to the shelf
The oil industry workers called the drilling of the first well at Tyub-Karagan in the spring of 2005 a historical moment, when the KazMunayGas National Company became a participant of the large offshore project for the first time and initiated the exploration of subsoil. Three years have passed since that. Despite its minor experience, KMG has decided to start prospecting at the Caspian independently. This, with proud, can be called the beginning of the national company’s era at the Caspian shelf. details >>
KMG EP to increase assets
KMG EP will increase crude oil production to 12 million tons in 2008, compared to 10.6 million tons in 2007. The company also plans in 2008 to retain the optimum level of crude oil production at 9.5 million tons at the Embamunaygas and Uzenmunaygas fields. If one adds subsidiaries, Kazgermunay and Karazhanbasmunay, the consolidated output by the company is likely to come to 12 million tons. details >>
Gasoline issues
Russia is already adopting Euro-3 and Euro-4 gasoline standards while Kazakhstan still is not able to introduce the Euro-2 standard of environmental indicators. details >>
