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ExxonMobil buys into Baku-Ceyhan oil pipeline

American oil company ExxonMobil, which is among Kazakhstan’s and Azerbaijan’s leading upstream investors, became a shareholder of BTC Co., which manages the Baku-Tbilisi-Ceyhan oil pipeline, reads BP's report on the results of activities in Azerbaijan in 2017. ExxonMobil acquired 2.5...

Kazakhstan proposes to create a council to increase transparency of tariff formation

In Kazakhstan, it is proposed to create a Tariff Policy Council to increase transparency of tariff formation, said Vice Minister of National Economy Serik Zhumangarin, presenting the draft law on Natural Monopolies. "To increase transparency of tariff formation and public involvement in this process,...

New wind farm to be built in Atyrau region

A new 52 MW wind farm is currently under construction in the Isatay district of the Atyrau region and is scheduled to be commissioned in 2020. According to the head of the region's Department of Energy and Housing and Communal Services, Zhumabay Karagayev, the farm is being built within the framework...

Kazakhstanis assess quality of electricity supply in the country

The Committee for Atomic and Energy Supervision and Control of the Energy Ministry of the Republic of Kazakhstan conducted a survey of consumers on the quality of electricity supply, Kazpravda reports. According to the press service of the Energy Ministry of the Republic of Kazakhstan, the survey...

Kazakhstan, Tajikistan to mull mutual electricity supplies

A meeting of the Kazakh-Tajik intergovernmental commission for economic cooperation took place in Dushanbe on February 12-13, the Kazakh Ministry of Energy said. Deputy Energy Minister Bulat Akchulakov and Chairman of the State Investments and Property Management Committee of Tajikistan Farrukh Hamralizod...

Karachaganak consortium requested to increase contributions for large social projects of West Kazakhstan

Governor of West Kazakhstan Region Altay Kulginov has addressed the operator of the foreign consortium developing Karachaganak field to increase the financing of large social projects in the region, Kazinform reports. "According to the investors, in 2017 subsoil operators developing Karachaganak...

Three oil and gas operators implementing projects in Kazakhstan

Three large oil and gas operators are implementing projects in Kazakhstan worth about $45 billion, said Rashid Zhaksylykov, chairman of the presidium of the Union of Oilfield Service Companies of Kazakhstan, at a press conference in Astana on February 13. The arrival of foreign investment in the...

Lukoil expects to sign new field development agreement with Kazakhstan

Lukoil is going to sign a new Caspian fields development agreement with Kazakhstan in coming future, Chief Executive Officer of the Russian oil major Vagit Alekperov told reporters on Thursday, TASS reports. "We expect we will sign a new field development agreement with Kazakhstan in the near future....

Kazakhstan to introduce world standards for laboratory practice

Kazakhstan is set to implement the principles of Good Laboratory Practice (GLP), which will allow the results of testing in Kazakhstan’s laboratories to be recognised by the Organisation for Economic Cooperation and Development (OECD) in 2019, Minister for Investment and Development Zhenis Kassymbek...

Oil sector played significant role in the improvement of the State budget in 2017

The oil sector has provided a crucial support to the consolidated budget of the country (which include National Fund) in 2017 – oil revenues increased by 60% while their share in revenues has increased to 30%. Against this background, growth in non-oil taxes by 11%, confirms the growing dependence...

«Энергетика, Электротехника и Энергетическое машиностроение»

«Атомная энергетика и промышленность»

"Energy, Electrical Equipment and Machine Building"

"Nuclear Energy and Industry"