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 →
In mid-August, BP Azerbaijan announced that oil from Turkmenistan is now entering the BTC in Azerbaijan and will constitute between four and five percent of its present throughput of 800,000 barrels per day (bpd), which is being upgraded to 1.2 million bpd with a view towards eventual inclusion of oil from Kazakhstan’s offshore Tengiz field. These practical steps of cooperation with Azerbaijan, combined with the mid-August announcement in Ashgabad of new directions in Turkmenistan’s gas export policy, point the way towards a European direction for future Turkmenistani production, not forgetting China and the possibility of South Asia, while Iran is given only marginal reference and Russia is ignored.
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 →
Prime Minister Karim Masimov has announced major Kazakhstan energy policy related decisions in the wake of President Nursultan Nazarbaev’s address to the nation last week. First, and most strikingly, he has ordered the suspension all negotiations with foreign investors on … Continue reading →
A little over a month ago, Kazakhstan’s President Nursultan Nazarbaev signed amendments passed several weeks previously by the Majilis (parliament) to the law “On the Subsurface and Subsurface Use” that would allow the government to amend or annul natural-resource contracts … Continue reading →