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Tethys Petroleum Ltd.: Republic of Kazakhstan Supreme Court suspension of EGG claims

Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces an update on legal matters in Kazakhstan. On December 29, 2017 the Republic of Kazakhstan Supreme Court ("Supreme Court") ruled to suspend the execution of claims made by Eurasia Gas Group LLP ("EGG") against the Company's...

Nazarbayev University graduates develop device to lower cost of electricity delivery

Nazarbayev University graduates have developed a device to extend the working capacity of transformers, the press service of the city administration reported recently. The project, named Remote Monitoring of Transformers, implies a cloud system with registered algorithms on the servers. According...

China increases gas imports from Central Asia in 2017

Through the year 2017, China received 38.7 billion cubic meters of natural gas via the Central Asia-China gas pipeline, which is 13.37 percent more than last year, said a pipeline operator company in Khorgos city (Xinjiang-Uygur Autonomous Region, North-West China). The Central Asia-China gas pipeline...

Koztek Electrical and Energy Technologies

KOZTEK presents engineering solutions for Generation-Transmission and Distribution Systems at Energy Market and qualified products-services to its partners and customers for industrial plants and infrastructures. Address: Aydınevler Mahallesi Aslanbey Caddesi Mert Plaza No:1-3 A Blok K:2 D:14 34854...

Eni’s subsidiary gets 50 pct of mineral rights in Isatay oilfield

Kazakhstan’s state company Company KazMunayGas (KMG) has transferred 50 percent of Isatay block mineral rights to Eni Isatay B.V., Kazinform correspondent reports. According to KMG's statement on the Kazakhstan Stock Exchange website dated December 22, 2017, the company closed a deal to transfer...

Desalination plant, power station to be built in Mangistau

Yeraly Tugzhanov, the Mangistau Regional Governor, said in his welcoming speech that the forum is of special importance as the region is one of Kazakhstan's leaders in terms of oil and gas production. As part of the forum, governor Tugzhanov, representatives of ministries and foreign embassies took...

Work to create common energy markets in Eurasian Economic Union to continue in 2018

Work to prepare the creation of common energy markets will continue in 2018. Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko made the statement on the air of the TV channel BelRos. The diplomat noted that a lot of work needs to be done to advance Belarus' relations...

Kazatomprom: China relationship with Kazakhstan pays off

Overseas operations are crucial to the uranium subsidiary of China General Nuclear Power Corp.The State-owned energy giant has a particularly close relationship with Kazakhstan through CGNPC Uranium Resources Co Ltd. Key agreements cover uranium mining, nuclear fuel pellets and nuclear fuel fabrication....

Two solar and wind power stations to be built in Mangistau

In Akshukur, Mangistau province, it is planned to build a 5 MW wind farm, in the Batyr village - a solar power plant with a capacity of 7 MW. The projects are expected to be implemented in the first quarter of 2018, Kazpravda.kz reports with reference to the press service of the Mangistau region governor. Also...

Kazakhstan’s Enormous Renewable Energy Potential Is Still Looking For Traction

“Kazakhstan’s government is focusing its efforts on transforming the country into a knowledge-based diversified economy driven by the private sector,” says Baljeet Grewal, director for strategy and portfolio investments at Samruk-Kazyna, Kazakhstan’s $67.4 billion sovereign...

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