Eurasia Journal News

LUKOIL Signs Contract to Acquire Share in Al-Farabi Offshore Project in Kazakhstan

President of PJSC “LUKOIL” Vagit Alekperov and Chairman of the Management Board of JSC NC “KazMunayGas” Alik Aidarbayev signed a sale and purchase agreement for a 49.99% stake in the charter capital of Al-Farabi Operating LLP. The signing ceremony took place today at the St. Petersburg International Economic Forum (SPIEF). Following satisfaction of …

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Eurasia Journal News

Kazakhstan Delegation Visits LUKOIL’s Industrial Facilities in the Astrakhan Region

The delegation of the Republic of Kazakhstan visited LUKOIL’s facilities in the Astrakhan region. Among the delegation members were Chairman of the Management Board of the Samruk-Kazyn Sovereign Wealth Fund Almasadam Satkaliyev, Vice-Minister of Energy of the Republic of Kazakhstan Zhumabay Karagaev, and Chief Executive Officer of KazMunayGas National Company Alik Aidarbayev. With LUKOIL …

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KazMunaiGas: Reserves and Resources Assessment as at 31 December 2011

КаzМunaiGas Exploration Production today announces the results of the annual assessment of Reserves and audit of Contingent Resources, as at 31 December 2011 by the independent energy consulting firm Gaffney, Cline & Associates (“GCA”). These Reserves and Resources have been estimated in accordance with the 2007 Petroleum Resources Management System …

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