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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 more on-year. The largest oil production volume was provided by the Atyrau and Mangistau oblasts,...

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 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 generation for innovative facilities and green-house," the Science Committee of the Kazakh Ministry...

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...

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, but also exports them abroad. The new plant opened this year will strengthen its positions in the...

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...

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 with reference to the press service of the Governor of the Aktobe region. We constantly analyze the...

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...

Italy's Eni posts record high output, sees excellent growth prospects

Kazakhstan’s leading upstream investor, Italy's Eni, like its other peers enjoyed a strong 2017, and amid higher oil prices and record high output, the oil major expects to create "substantial value surplus" for its shareholders after four years of intense change. The company said that after...

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...

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