Caspian
Kazakhstan to expand Caspian fleet - Minister
(SRI) - Kazakhstan plans to secure more than 50 percent of the Caspian Sea commodity cargo market by 2013 as it expands its tanker fleet with the help of private investors, Reuters reported on Monday citing the country’s Minister of Transport and Communications Abelgazi Kusainov.
Energy Ministry has no information on Mittal’s decision to leave Kazakh oil project
(SRI) - Steel tycoon Lakshmi Mittal has not yet notified Kazakh authorities of his intention to pull out of his oil exploration projects in the Caspian Sea, Kazakh Energy Minister Sauat Mynbayev said on Thursday.
Caspian N Block may hold up to 3 billion barrels of crude - oil company
(SRI) - The N Block, an offshore exploration project in Kazakhstan’s Caspian Sea, may hold 1.5 billion to 3 billion barrels of crude oil, Mubadala Development Co., one of the companies developing the project, said on Tuesday.
KazMunaiGas to develop offshore field with ConocoPhilips, Mubadala
(SRI) - KazMunaiGas, the Kazakh national oil company, signed a memorandum of understanding with ConocoPhillips and Mubadala Development Company to explore and develop the N Block, an offshore field in the Caspian Sea, the company said on Sunday.
Transportation of Caspian oil in Caucasian direction can become additional factor of stability in this region - Kabyldin
(Kazakhstan Today) - Transportation of the Caspian oil in the Caucasian direction can become an additional factor of stability in this region. The President of JSC Company National Company KazMunaiGas, Kairgeldy Kabyldin, stated his opinion at the press conference on Thursday, the agency reports.
