Kazakhstan Intends to Develop New Gas Deposits
The Kazakh authorities are planning to develop new gas fields with a total production volume of 1 billion cubic meters in the near future. m per year. This was stated by the President of the Republic Kassym–Jomart Tokayev in a message to the people at a joint meeting of the …
Kazakhstan Intends to Increase Gas Production by 2.3%
The Minister of Energy of the Republic Almasadam Satkaliev said that the main increase in gas production is envisaged at the expense of large fields – Karachaganak, Tengiz and Kashagan. The Ministry of Energy of Kazakhstan plans that gas production in the republic in 2024 will increase by 2.3%, to …
60 Billion Cubic Meters of Gas are Planned to Be Produced in Kazakhstan in 2024
In accordance with the Law of the Republic of Kazakhstan “On Gas and Gas Supply,” the Ministry of Energy of the Republic of Kazakhstan together with JSC NC “QazaqGaz” has formed a forecast gas balance until 2030. This was reported by the Kazinform agency with reference to the press service …
Four Oil Wells Were Flooded in Western Kazakhstan
About 80% of the country’s oil reserves are located in the Atyrau region. Four oil wells were flooded by floods in the Atyrau region of Kazakhstan. This was reported by the Industrial Safety Committee of the Ministry of Emergency Situations of the Republic. “Currently, four wells are flooded in the …
Production At Kashagan In 2023 Reached A Record Level – About 18.8 Million Tons
JSC NC KazMunayGas announced a meeting between the Chairman of the Board of the company, Magzum Mirzagaliev, and the Executive Vice President of the Oil and Gas Exploration and Production division of Shell, Peter Costello. At the meeting, a number of current issues were discussed in the main areas of …
Eni will drill near Kazakhstan’s Kashagan in the Caspian Sea
The Italians, together with KMG, will conduct exploration near Kashagan, the largest offshore field in Kazakhstan. Italian Eni will drill an exploration well in the Abay block in the Kazakh sector of the Caspian Sea. The company announced its intentions to conduct geological exploration work in the shallow waters of …
The Ministry of Ecology of Kazakhstan Has Denied Information About An Agreement With The Operator of The Kashagan Field on An Environmental Dispute
The Minister of Ecology and Natural Resources of Kazakhstan E. Nysanbaev denied information about an agreement with the operator of the Kashagan oil and gas field (OGF) North Caspian Operating Company (NCOC) on an environmental dispute. On January 16, 2024, Bloomberg, citing sources, reported that NCOC shareholders were close to …
NCOC Reduced Daily Oil Production by 38%
Another large Kazakh company has limited oil production due to the Caspian Pipeline Consortium (CPC) suspending oil shipments at the port of Novorossiysk due to worsening weather conditions. This was reported by the Kazinform agency with reference to JSC “Situational and Analytical Center of the Fuel and Energy Complex of …
The Ministry of Energy of Kazakhstan Will Not Change The Forecast For Annual Production Due To The Current Recession
The reduction in production in Kazakhstan due to the suspension of oil loading by the Caspian Pipeline Consortium will not affect the production forecast for 2023, the Ministry of Energy of the republic expects. According to the Ministry of Energy, for three large companies with an average production of 172 …
Kazakhstan’s Largest Fields Will Continue To Reduce Oil Production Until December 3
Kazakhstan’s largest fields – Tengiz, Karachaganak and Kashagan – will continue to reduce oil production until December 3, according to data from the Ministry of Energy of Kazakhstan. According to data provided by Shyngys Ilyasov, Advisor to the Minister of Energy of Kazakhstan, oil production in Tengiz has decreased/will decrease: …