Atyrau Oil & Gas - News blog

New chemical plant in Aktau to supply oil, gas industries

A chemical plant will start operating in Aktau in 2020. It will be built by Topan Chemical Industries. According to Gaisa Zhumaliyev, head of the company, the new factory will produce caustic soda and chlorine-containing products. The project value is $70 million. The plant is...

Production at Kashagan in 8 months amounts to 8.4 million tonnes of oil

The volume of oil production in the Kashagan field in eight months of this year amounted to 8.4 million tonnes, Energy Minister Kanat Bozumbayev said. "Three major projects amounted to 35.8 million tonnes, including 8.4 million tonnes at the Kashagan field," K. Bozumbayev said...

Atyrau refinery processed more than 3.5 million tonnes of oil in eight months of 2018

3.502 million tonnes of oil was processed by the Atyrau oil refinery in the eight months of 2018, the public relations service of the company reported. Thus, the fulfilment of the plan of the Ministry of Energy of Kazakhstan reached 100%. "At the same time, in August, 457,936...

China to increase volume of gas supplies from Russia and Kazakhstan

China intends to increase the supply of natural gas from Russia and Kazakhstan in the near future, the China News Service reports with reference to the responsible person in the State Energy Administration of China. In addition, China also intends to encourage diversification...

Kazakhstan emerges as alternative to Russia in Central Asia's oil products market

Kazakhstan took protective measures to secure its own energy sector. The republic's ban on gasoline imports from Russia will come into force on August 25. Astana argues that this is a temporary measure. The restrictions will be in place for only three months and will affect petroleum...

Upstream investors, operators in Kazakhstan from America, Europe pin big hopes on Caspian accord

Big oil multinationals operating in Kazakhstan and Azerbaijan hope to push ahead with new upstream projects while sustaining their ongoing ventures in the Caspian region once, after a quarter century of squabbling between the governments of the five littoral states, an agreement...

Gas chemical complex with Chinese capital to be built in Kazakhstan's Aktau

Kazakhstan's KazAzot JSC and China's Inner Mongolia Berun Holding Group Co. Ltd will build a gas chemical complex worth over one trillion tenge in Kazakhstan's Aktau city, the Kazakh media cited deputy head of the local government of Mangystau region Sholpan Ilmukhanbetova. Ilmukhanbetova...

Gas processing plant construction underway in Aktobe region

The construction of a natural-gas processing plant worth KZT 21 billion will be completed this year in the Aktobe region, Deputy Head of the Bayganin District Administration, Zhandarbek Zhanabay, told a briefing at the regional communications service. According to him, the construction...

Kazakhs keep eying oil industry boost

The volume of oil production in Kazakhstan will total 104 million tonnes a year by 2025. The major part of oil will be extracted at the three main Kazakh oil fields, which are Tengiz, Karachaganak and Kashagan. There are plans to construct the fourth compressor and the fifth infield...

Lukoil aims to invest USD 270 mn in exploration at Kazakhstan's Zhenis block

Russia's second-largest oil company Lukoil plans to invest $270 million in exploration at the Zhenis license area in the Kazakh part of the Caspian Sea, Lukoil's president Vagit Alekperov said in Astana on Tuesday. Lukoil and Kazakh state oil company KMG signed an agreement in...

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