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Nursultan Nazarbayev met with chairman of Chevron board of directors

President of Kazakhstan Nursultan Nazarbayev held a meeting with Michael Wirth, Chairman of the Board of Directors and Chief Executive Officer of Chevron. As the press service of the RK President informs, during the meeting the parties discussed current issues and prospects for cooperation in the...

Chinese company to build wind and solar power stations in Kentau

China’s Jiangsu Zhenfa Holdings Group Co. Ltd investment company will start construction in August on $154.5 million wind and solar power stations in the South Kazakhstan region. The new facilities are expected to generate 50 megawatts per hour of wind power and 30 megawatts per hour of solar...

Small refinery, network of petrol stations and social facilities will be built in the Karaganda region

The cost of the project for the construction of a low-tonnage refinery in the Karaganda region exceeds 300 billion tenge. The readiness of the project was announced by the Singapore investor, the press service of the regional administration informed. Nuances of the project are discussed at the meeting...

Commitment to the best engineering traditions

Vekmar Elektrik Sistemleri Yatırım ve Ticaret A.Ş. operates in the energy sector since its establishment in 1994. Our scope of activities are electrical equipment supply, and providing services in electrical contracting, engineering, design, and panel manufacturing. We are the distributing and application...

Atyrau region to develop polymer manufacturing processes in cooperation with Austrian company

With the creation of a special economic zone (SEZ), the Atyrau region seeks to focus on polymer manufacturing. To aid in the effort, the Kazakh Ministry of Energy, United Chemical Company and Borealis, an Austrian company, signed a term sheet outlining cooperation on a polyethylene production project,...

Kazakhstan to implement 150 new projects worth $3.1 billion

As many as 150 new projects worth more than 1 trillion tenge ($ 3.1 billion) are planned to be introduced within the state program of industrial and innovative development of Kazakhstan in 2018. This was announced by the Minister for Investment and Development Zhenis Kassymbek at a meeting of the...

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...

EBRD offers post-privatisation support to Kazakhstan's power utility

The EBRD is providing post-privatisation support to Mangistau Regional Distribution Company (MREK), a major power utility in western Kazakhstan. A senior loan of up to KZT 12 billion (up to €31 million equivalent) will help MREK finance its investment programme until 2020. As part of the government's...

Wind and solar power plants to be launched in spring in Mangistau region

Mangistau region is building solar and wind power stations in Munayly and Tupkaragan districts with a total capacity of 12 megawatts. The sources of alternative energy to be put into operation this spring. This was announced at the energy and housing and communal services department of Mangistau region. The...

Mirzagaliyev told about gasification of center and north of Kazakhstan

At a press conference in the RK Government, Deputy Energy Minister Magzum Mirzagaliyev told how gasification of the central and northern regions of the country will be carried out within the framework of the five social initiatives of the President of Kazakhstan. "For gasification of the central...

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