Eurasia Journal News

The Desalination Plant in Karazhanbas Has Started Operating at Full Capacity

The reservoir water desalination plant at the Karazhanbas field has reached its design capacity of 17 thousand cubic meters per day. Chairman of the Management Board of JSC NC KazMunayGas (KMG) Askhat Khasenov made a working trip to the Karazhanbas field and got acquainted with the work of the enterprise, …

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Eurasia Journal News

KazMunayGas Plans to Produce an Additional 70 Million Tons of Oil Due to Hard-to-Recover Reserves

Kazakh oil company KazMunayGas JSC (KMG) intends to increase production in the future due to hard-to-recover oil, new technologies will be used for this. This was announced by the company‘s press service. “Regarding the increase in production, it was noted that 50% of oil reserves are difficult to recover. The …

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Eurasia Journal News

Kassym-Jomart Tokayev Instructed to Attract Large Investors to Geological Exploration in Kazakhstan

The President of the Republic also drew special attention to the need for uninterrupted operation of the refinery. President of Kazakhstan Kassym-Jomart Tokayev, during a meeting with the head of the Kazakh national company Kazmunaygas (KMG) Askhat Khasenov, gave instructions to attract large investors into geological exploration and the petrochemical …

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Eurasia Journal News

Magzum Mirzagaliev Left the Post of Chairman of the Board of KazMunayGas

Magzum Mirzagaliev left the post of Chairman of the Board of JSC NC KazMunayGas, Askhat Khasenov was appointed acting in this position until the extraordinary general meeting of shareholders, reports the press service of the Samruk-Kazyna Fund. Askhat Khasenov was born in 1983. He graduated from the Kazakh National Technical …

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Eurasia Journal News

80 Wells Will Be Drilled in Kazakhstan in 2024 to Search for Oil

According to Vice Minister of Energy Askhat Khasenov, it is planned to drill 80 prospecting and exploration wells in Kazakhstan in 2024, a Kazinform agency correspondent reports. He explained that, given the annual decline in oil production at the fields of the Kyzylorda region, in 2024, drilling of a deep …

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Eurasia Journal News

Mechanisms to Stimulate Work at Depleted Fields Will be Introduced in the Republic of Kazakhstan

Deputy Duisenbai Turganov commented on the bill on improving the sphere of subsoil use, approved today in the first reading at the plenary meeting of the Mazhilis, a Kazinform correspondent reports. In turn, Vice Minister of Energy Askhat Khasenov said that the number of depleted fields in the country has …

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Eurasia Journal News

Plans for Oil Production Volumes in Kazakhstan This Year May Not be Fulfilled

Vice Minister of Energy of the Republic of Kazakhstan Askhat Khasenov noted that this year oil production volumes in Kazakhstan may decrease slightly, a Kazinform correspondent reports. According to him, even if the target of 90 million tons is not fulfilled, about 89 million tons of oil can be produced …

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