Kazakh Kashagan may not resume until 2017

Kazakh Kashagan may not resume until 2017Kazakhstan’s bid to become one of the world’s top oil producers has been blown off course by the disaster unfolding around the giant offshore Kashagan field which may not come back on stream until 2017 — more than 10 years later than initially planned, sources close to the project say, International Oil Daily reported.

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Pipe dreams and pipe realities: Russia and China beat the drums – Kazenergy Forum

Pipe dreams and pipe realities: Russia and China beat the drums - Kazenergy ForumOpening wells, pumping the oil and the gas out of them and send it wherever it is in want through long-distance, cross-border pipelines looks like a piece of cake. But if on either end of the line volumes fail to communicate, over- or under-capacity can easily cut deeply into revenues to the extent that the entire operation is doomed to end up with losses rather than gains.

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KIOGE 2012: A new Format for a Prestigious Event

KIOGE 2012: A new Format for a Prestigious EventOver the past two decades, about 900 million tons of oil and gas condensate has been produced in Kazakhstan, and over $113 billion was invested in the country’s oil and gas sector from 1996 to 2010. Following geological and geophysical exploration of the Caspian shelf, over 120 promising fields have been discovered, including Kashagan, one of the largest oil and gas deposits in the world.

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KIOGE 2011: priorities, routes, geopolitics. Almaty hosts the Exhibition – Conference “Oil and Gas”

KIOGE 2011: priorities, routes, geopolitics. Almaty hosts the Exhibition - Conference "Oil and Gas"“We do not intend in the future to sign PSA contracts. There are economic and legal reasons, for which in future we refuse from the projects concluded on the basis of production sharing agreements. However, we believe that the legislation on PSA – in terms of attracting investments, technologies, international best management practice of these projects, has played a positive role. But from now on the role and importance of local content must consistently grow.”

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Eyes to the Strong. Kazakhstan is Becoming More Attractive to Business Although Consumer Prices are Spiraling

Eyes to the Strong. Kazakhstan is Becoming More Attractive to Business Although Consumer Prices are SpiralingThe improvement of national economies of Russia, Kazakhstan and Belarus by establishing a free trade zone similar to the EU has always been the main goal of the Customs Union, formed in August 2006 at the informal EurAsEC summit. In October the following year, the leaders of the three countries signed the Treaty forming a single customs territory, a Customs Union (CU), and Customs Union Commission, a single supra-national regulatory body.

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