Who buys Kazakhstan oil production today? Question: How might the falling oil prices affect Kazakhstan’s ability to develop and deliver oil to other countries, especially Europe? Answer: The Italian company ENI been major player in the Kazakhstan’s energy sector for … Continue reading →
South Korea President Lee Myung-bak returned home last week from a tour of Mongolia, Uzbekistan and Kazakhstan that helped to project South Korea investment and its foreign economic diplomacy across Inner and Central Asia while significantly expanding Seoul’s ties with … Continue reading →
Kazakhstan has three major regions. Large parts of the west are desert or swamp; the population density generally very low, and the development of energy resources has encouraged local elites to explore the margins of their autonomy vis-à-vis the political … Continue reading →
Kazakhstan’s President Nursultan Nazarbaev has just completed a two-day official visit to enhance Kazakhstan-European Union relations. He went to Belgium, the present chairman-in-office of the European Union Council, and France. Kazakhstan is itself president-in-office of the Organization for Security and … Continue reading →
Currency devaluation and banking reforms appear to have set Kazakhstan strongly on the road to recovery. A ministerial shake-up, which appears more rational than President Nursultan Nazarbaev’s usual reorganizations, and higher oil export duties next year, should help to maintain the economy’s strength
Continue reading →The appearance of Nabucco financing sources has made possible the signing this week of a transit agreement to govern the natural gas pipeline. The agreement marks an important staging post in bringing to reality the long-touted energy route, which is … Continue reading →
Azerbaijan’s state oil company SOCAR and Kazakhstan’s state monopoly KazMunaiGaz (KMG) this month signed an agreement moving Caspian energy projects for Europe forward as they set out the main principles for a transport system to convey Kazakhstani oil across the … Continue reading →
Ground was broken in Kazakhstan last week for construction of that country’s segment of a pipeline for Turkmenistan-China gas pipeline transmission, set to be the longest and most expensive such pipeline in the world. Its length is usually given as … Continue reading →
Kazakhstan and Azerbaijan have culminated years-long negotiations with agreements with agreements to increase Trans-Caspian oil exports are set to include with culmination of Azerbaijan-Kazakhstan negotrations across the Caspian Sea, supplementing Azerbaijani crude in the Baku-Tbilisi-Ceyhan (BTC) pipeline.
Continue reading →New prospects to extend the Caspian pipeline network with a Trans-Caspian Gas Pipeline (TCGP) from Turkmenistan to Azerbaijan have been receiving deserved attention in recent months. However, another project to pipe energy resources from the western to the eastern shore … Continue reading →