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NCOC mulls development of Kashagan satellites

The international consortium in control of Kazakhstan’s massive Kashagan oilfield in the Caspian Sea is eyeing the development of two smaller deposits nearby. North Caspian Operating Co. (NCOC)...

Kazakhstan listed among countries with cheapest gasoline

Kazakhstan entered the list of top twenty countries with the cheapest gasoline, RK Energy Minister Kanat Bozumbayev said at the board meeting of the Ministry, referring to the Global Petroleum Prices...

Reforms in Kazakh power sector to strengthen position of producers

The new electricity market model in Kazakhstan may improve the most efficient generators' earnings predictability, especially after the tariff freeze during 2016-2018, depending on the details of the...

Oil production plan for 2018 is 87 mn tonnes - Bozumbaev

The plan for oil production in 2018 is 87 million tonnes, RK Energy Minister Kanat Bozumbayev said at a meeting of the Ministry. "Oil production in 2017 was 86.2 million tonnes, which is 10.5 percent...

The question on development of the sea fields Khazar and Kalamkas-Sea will be solved in 2018

The Ministry of Energy of Kazakhstan plans to reach final agreements on a joint development of the sea fields Kalamkas-Sea and the Khazar in 2018. “We expect to achieve positive results on the...

Kazakhstan scholars invent lamps imitating solar light

Lamps imitating solar light are being developed in Kazakhstan. "A group of local and foreign scientists jointly with Kazakhstan company Led System Media have developed LED filament lamps of the second...

EBRD announces forecast for Kazakhstan's economic development in 2018

Hans Holzhacker, Associate Director, Regional Lead Economist of the European Bank for Reconstruction and Development announced the forecast for Kazakhstan's economic growth in 2018, presenting the EBRD...

Alageum Electric expands export borders

Alageum Electric, one of Kazakhstan’s major electrical engineering companies, offers a wide range of products and services. The company not only provides power transformers to the domestic market,...

Construction of fourth refinery to be decided on soon, Ministry

Construction of the fourth refinery will be decided in the second half of 2018, Energy Minister Kanat Bozumbayev informed today at the enlarged meeting of the Ministry. "As urged by the President,...

Aktobe region will increase the volume of oil and gas production

According to the results of 2018, no less than 6.2 million tonnes of oil and 7 billion cubic meters of gas should be produced in the Aktobe region, the correspondent of the portal "Moy gorod" reports...

23-я Казахстанская Международная выставка «Энергетика, Электротехника и Энергетическое машиностроение»

Kazakhstan International Energy, Electrical equipment and Machine building Exhibition