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Kazakhstan’s oil producers ship over 3.5 tons of crude through CPC in January

NUR-SULTAN, Kazakhstan – The Caspian Pipeline Consortium (CPC) marine terminal loaded 4,120,449 gross tons (32,668,264 barrels) of crude oil in 41 tankers, the press...

Kazakhstan hails the removal of diplomatic blockade by Arab countries from Qatar

NUR-SULTAN, Kazakhstan - Kazakhstan welcomed the signing of the Al-Ula Declaration during the 41st summit of the countries participating in the Cooperation Council for...

OPEC+ allows Kazakhstan to increase oil production in February and March

NUR-SULTAN, Kazakhstan - OPEC+ countries reached agreement on the terms of the deal for February and March. Russia and Kazakhstan, which has raised the...

Too much supply, too little demand, OPEC+ wants production cuts

Fearing slow oil demand recovery, the Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, during a meeting on...

CPC sets new monthly crude loading record in March

NUR-SULTAN, Kazakhstan – The Caspian Pipeline Consortium (CPC) Marine Terminal loaded 6,450,676 gross tonnes (51,118,685 barrels) in March 2020, that is 495,682 tonnes up...

Kazakhstan bans import of gasoline and diesel fuel from Russia

NUR-SULTAN, Kazakhstan – As of March 30, Kazakhstan introduced an embargo on imports of gasoline, diesel fuel and jet fuel from Russia for a...

Italy’s ENI starts production at Kazakhstan’s Badamsha wind farm

Italian energy major ENI said on March 26 the company, through its local renewable subsidiary ArmWind LLP, started the commercial production of the Badamsha...

Despite low prices, Kazakhstan’s oil and gas companies promise to keep jobs

NUR-SULTAN, Kazakhstan - At an oil price of $25 per barrel, Kazakhstan’s oil and gas companies will be able to cover their current expenses,...

Kazakhstan’s government helps oil and gas companies against sharp oil price drop

NUR-SULTAN, Kazakhstan - The government of Kazakhstan has taken some measures to mitigate the effects of falling world oil prices for companies operating in...

Low prices to take their toll on Kazakhstan’s oil and gas sector

NUR-SULTAN, Kazakhstan - Oil services companies in Kazakhstan will face a large reduction in jobs, Kazakhstan’s Association of Oil Services Companies Chairman Rashid Zhaksylykov...

Kazakhstan should not cut oil production, expert says

NUR-SULTAN, Kazakhstan - For the largest oil producer in Central Asia – Kazakhstan – it is not profitable to reduce the achieved oil production...

Kazakhstan bans all public events due to coronavirus

NUR-SULTAN, Kazakhstan - In response to the coronavirus, Kazakhstan has imposed a ban on all public events, Kazakh President Kassym-Jomart Tokayev said on 12...

Kazakhstan calls for consensus on OPEC+ deal

NUR-SULTAN, Kazakhstan – Kazakhstan’s Energy Minister Nurlan Nogayev on 11 March called for the Organization of Petroleum Exporting Countries (OPEC) and its allies led...

Kazakh seaports temporarily suspend servicing ships from Azerbaijan and Iran

NUR-SULTAN, Kazakhstan – As of 5 March, Kazakhstan is temporarily suspending services at the ports of Aktau and Kuryk in the Caspian Sea for...

EU-Kazakhstan enhanced partnership agreement comes into force

NUR-SULTAN, Kazakhstan - On 1 March, the Agreement on Enhanced Partnership and Cooperation between Kazakhstan and the European Union will enter into force, the...

KazMunayGaz oil and gas production stable in 2019

NUR-SULTAN, Kazakhstan - The level of oil and gas condensate production in 2019 was stable and amounted to 23.6 million tonnes of oil and...

Kazakhstan oil companies received payment from Russia’s Transneft for substandard oil

NUR-SULTAN - Kazakhstan - In the framework of the signed agreements between Russia’s Transneft and Kazakhstan’s KazTransOil, speaking on behalf of 38 Kazakhstan oil...

Kazakhstan presents draft of new geological exploration programme

NUR-SULTAN, Kazakhstan - The draft concept of the state geological exploration programme for 2021-2025 was presented at a government meeting on 18 February. “For the...

In Munich, Tokayev sees increase role of Central Asian region in security

NUR-SULTAN, Kazakhstan - Central Asia, gaining a new regional identity, plays an increasingly important role in international affairs, Kazakhstan President Kassym - Jomart Tokayev...

Kazakhstan vows to strengthen information security

NUR-SULTAN, Kazakhstan – Kazakhstan’s President Kassym-Jomart Tokaev has held a meeting on information security in connection with the interethnic conflict in the Kordai region...

Kazakhstan’s Tokayev to attend Munich Security Conference

NUR-SULTAN, Kazakhstan – Kazakhstan’s President Kassym-Jomart Tokayev will attend the Munich Security Conference, Kazakh Foreign Minister Mukhtar Tleuberdi told reporters on 12 February. The Munich...

Kazakhstan launches construction of 50 MW solar power plant in Almaty

NUR-SULTAN, Kazakhstan - Universal Energy’s foreign investors have begun construction of a second solar power plant in southern Kazakhstan, in the Ili district of...

US State Department unveils Central Asia assistance strategy

NUR-SULTAN, Kazakhstan - Central Asia has always been a strategic and commercial crossroads of civilisations between Europe and Asia, the text of the Central...

Germany’s Altmayer to attend 12th WTO conference in Kazakhstan

NUR-SULTAN, Kazakhstan - During a working visit to Berlin, Kazakh Foreign Minister Mukhtar Tleuberdi met with Germany’s Federal Minister of Economics and Energy Peter...

Kazakhstan sets up Council to actively reduce imports

NUR-SULTAN, Kazakhstan – The Kazakh government and Kazakhstan’s Atameken National Chamber of Entrepreneurs have created a new structure - the Council on Import Substitution,...

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