CNPC: Looks at Kazakh Asset Purchase
China National Petroleum Company (CNPC) has shown interest to the project Eurasia on the territory of Kazakhstan, Energy First Vice Minister Uzakbai Karabalin said on September 29 in Astana. “CNPC has expressed interest to the project. It can become an important aspect of bilateral cooperation between Kazakhstan and China in …
Kashagan Restart Slips to Optimistic Summer of 2016
Kazakhstan’s giant Kashagan oilfield may resume production in the first half of 2016 under an “optimistic scenario”, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Wednesday, putting off his earlier estimate of the restart date. Production from the oil deposit in the Caspian Sea, one of the world’s biggest …
Gazprom Considering Extension of Gas Supplies From Kazakhstan
Astana hosted today a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Uzakbai Karabalin, Minister of Oil and Gas of the Republic of Kazakhstan. The parties discussed further cooperation in the gas sector and, in particular, the extension of the long-term agreement till 2038 – on purchase and sale of gas produced from the Karachaganakskoye gas and …
Minister: Kazakhstan to start oil production at Kashagan field by October 2013
Commercial oil production at Kashagan oil and gas field in Kazakhstan will start no later than October of 2013 and perhaps even earlier, Kazinform reported with the reference to Kazakh Oil and Gas Minister Uzakbai Karabalin. “In general, the project is ready for 98 percent. We examined the readiness of …