Courtesy of STRATFOR (subscription required), a report on Kazakhstan: The Bolashak oil plant on the Kashagan offshore oil field June 30. (LEON NEAL/AFP/Getty Images) Summary Kazakhstan is struggling with stagnant oil and natural gas production and flagging energy revenues, and in response it plans to turn to outside patrons to help exploit its energy reserves. […]
Read more »Via NDTV, a look at the status of India’s bid to acquire a large stake in the Kashagam oil field: Oil and Natural Gas Corp’s (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips’ stake in a Kazakhstan oil field is likely to fall through as India hasn’t been able to convince the Central […]
Read more »Via The TengriNews, an interesting article on China’s investment in Kazakhstan’s oil sector: The share of Chinese companies in the Kazakhstan’s Oil and Gas industry will exceed 40% in 2013, KazTag reports, citing an unidentified source. “According to some estimates, Chinese companies will have gained control of over 40% of Kazakhstan’s oil by the fall […]
Read more »Via the Journal of Energy Security, a report on China’s efforts to focus on oil & gas opportunities in Central Asia: There is no question that if any country has experienced unprecedented economic growth over the past two decades, it is China. Since 2008, at a time when global economies recorded one of their slowest […]
Read more »Courtesy of The Financial Times, a report that Zhaikmunai, a Kazakhstan-based oil and gas producer, has become the latest company from the former Soviet Union to signal its intention to seek a full London listing that would quality it for entry into the FTSE 250 index. As the article notes: “…Frank Monstrey, the company’s leading […]
Read more »Via The Silk Road Intelligencer, a report that Kazakhstan is leaning further towards Asia in economic matters: The key question at Kazakhstan’s annual oil and gas conferences in October – Kazenergy and Kioge – concerned the Karachaganak oilfield. Agreement between the Kazakh government and the Karachaganak Petroleum Operating (KPO) consortium is not expected before the […]
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