Kazakhstan's new customs code

The Code 'On Customs Regulation in the Republic of Kazakhstan' (the 'Code') came into force on 1 January 2018. Given the Code mainly aims to comply with the Customs Code of the Eurasian Economic Union (the 'EEU Code'), the Code implemented most of the EEU Code's provisions. Such provisions particularly...

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Kazakh PM visits Atyrau refinery

On April, 13, Prime Minister of Kazakhstan Bakytzhan Sagintayev visited Atyrau Refinery LLP as part of his working trip to Atyrau region. During the visit, the Premier was informed of the completion of the refinery's modernization. The project "Construction of the Deep Refining Complex at the Atyrau...

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East Kazakhstan introduces power innovations

Modernization in manufacturing and innovative technologies drives the economic development. Developments in the electric power industry are underway at the Oskemen Condenser Plant in eastern Kazakhstan. Today, the competitive equipment such as transformers and compensators are manufactured at the...

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Malaysia’s Sumatec to build plant in Kazakhstan

Sumatec Resources Bhd has been granted an award from Markmore Energy (Labuan) Ltd worth US$120mil (RM480mil) to construct a condensate extractions plant (CEP) for the Rakushechnoye oil and gas (O&G) field in Kazakhstan. In a filing with Bursa Malaysia yesterday, the O&G firm said intended...

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Atyrau hosts Global Oil & Gas Atyrau exhibition

Global Oil & Gas Atyrau 2018 has kicked off in the oil capital of Kazakhstan. In his welcome speech, akim of Atyrau region, Nurlan Nogayev stressed that the main goal of the exhibition is to support and facilitate the development of oil and gas companies, introduce innovative technologies and...

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