gas

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Gazprom opens representative office in Kazakhstan

(SRI) - Russia’s energy giant Gazprom is opening representative offices in Kazakhstan and Latvia to support its operations in these countries, RIA Novosti reported.

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China’s CNPC, KazMunaiGaz sign natural gas agreement

(Thomson Financial - Forbes) - China National Petroleum Corp (CNPC), parent of listed Petrochina Co Ltd, said it has signed a framework agreement with Kazakhstan’s national oil and gas company KazMunaiGaz to expand cooperation in natural gas.

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Oil chronicles: One hot summer

Over the first six months of this year the oil extraction in Kazakhstan increased by 7.8%, natural gas extraction by 15.6% and the production of gas condensate by 4%. The liquid hydrocarbon exports grew by 2.4% in comparison with the previous year’s figures.

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ANALYSIS: Despite the “sudden stop” Kazakhstan won’t be calling on the IMF for help

(RGE Monitor) - In contrast with Iceland, Kazakhstan has $49.5 billion of reserves to weather its crisis in the short term — they would also cover the $16.9 billion of debt maturing next year, including $6.9 billion owned by banks.

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Kazakhstan’s oil and gas production up for the year through September

(SRI) - In the first nine months of 2009, Kazakhstan produced 43.3 million tons of crude oil, 5.4 percent more than in the same period last year, and 9.1 million tons of gas condensate, a 0.5 percent increase, Interfax reported citing the National Statistics Agency.

At the same time, the country produced 24,498.3 million cubic meters of natural gas, an increase of 10.7 percent.

Kazakhstan’s exports expected to rise in 2008

(SRI) - Kazakhstan expects its crude oil exports to slightly increase in 2008, to 62.8 million tonnes, according to Deputy Energy Minister Lyazzat Kiinov.

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Kazakhstan oil production up 4.1 percent through September

(SRI) - Kazakhstan raised its crude oil and equivalent production to 52.2 million tons in the first nine months of 2008, a 4.1 percent increase compared to the same period last year, Interfax reported on Monday.

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Fitch report on Kazakhstani oil, gas industry

(Fitch Ratings) - Fitch Ratings says in a special report published today that the Kazakhstani oil and gas industry is poised for strong growth, albeit with certain operational and financial risks inherent in its development.

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Kazakhstan oil exports slightly down in first seven months of 2008

(SRI) - Kazakhstan exported 35.7 million tons of oil and gas condensate in the first seven months of 2008, 1.1 percent less than in the same period last year, Interfax reported citing the National Statistics Agency.

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Guler: Nabucco project will be implemented

(www.defsec.info) - Turkey’s Energy Minister Hilmi Guler called on Azerbaijan and Turkmenistan to cooperate with Turkey in energy/drilling projects in the Black Sea and make joint energy investments, on Tuesday in a Baku energy conference.

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