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News about Uzakbai Karabalin
The Kazakhstan Oil Rush Last week in Astana the members of the Kazakhstan parliament once again expressed their disappointment with foreign investors, preferring to bring in the republic shirts and aluminium trays with a price tag of several thousand Gas prices will jump to EU levels by 2009  Three Central Asian republics Turkmenistan, Uzbekistan and Kazakhstan will start selling their gas at international prices from 2009 - higher than their current prices— Russia’s gas giant Gazprom said on March 12 following a meeting Turkmenistan plans Caspian tourist resort In his latest gesture to open up his nation to the world, Turkmen President Gurbanguly Berdimuhammedow inaugurated the construction of a USD five billion tourism complex on the Caspian coast on December 3, news agencies KazMunaiGas pays USD 2.7 bln for 75% of Rompetrol KazMunaiGas recently said in a statement that it has acquired 75 percent of Rompetrol Group NV for an estimated USD 2.7 billion, Interfax reported. "The acquisition of a majority stake in Rompetrol provides us with Azerbaijan oil company joins Caspian project  The heads of the national oil companies of Kazakhstan and Azerbaijan have signed two agreements on the joint projects they plan to implement at the Caspian Sea as well as at the Black and Mediterranean Kazakhstan takes first step towards oil transport system Kazakhstan has made a first step towards its primary goal – diversification of the crude supplies to Europe. The Central Asian state has signed an agreement for construction of a Kazakhstan transport system that would Astana, Berlin seek stronger business ties  Kazakhstan’s President Nursultan Nazarbayev visited Germany on January 30 meeting with his German counterpart Chancellor Angela Merkel, the country’s federal president and business leaders to discuss growing ties between the two countries.“We have agreed to Companies agree to set up Caspian oil export system Kazakh national oil and gas company KazMunaiGaz, participants in the international consortium Agip KCO and the joint venture Tengizchevroil have reached an agreement to set up Kazakh Caspian Transport System (KCTS) to transport hydrocarbons to Astana, Beijing discuss 2nd segment of Atasu-Alashankou  Preliminary agreements on the construction of the second segment of the Kazakh-Chinese oil pipeline and a gas pipeline from Turkmenistan across Kazakhstan were reached during a visit to China by Kazakh President Nursultan Nazarbayev two Astana considers priority right in Mittal-LUKoil deal  A Kazakh interdepartmental commission is considering to what extent the republic needs the stake in Caspian Investments Resources Ltd, which LUKoil Overseas Holding Ltd. is selling to Mittal Investments."Any changes, and deals go through the KazMunaiGaz, Gazprom sign gas transit agreements Kazakh national oil and gas company KazMunaiGaz and Russian gas giant Gazprom have signed two five-year agreements for the transit of Central Asian and Russian gas through Kazakh territory. KazMunaiGaz president Uzakbai Karabalin and Gazprom CEO Russia, Kazakhstan discuss oil supplies to the Baltics Negotiations between Kazakhstan and Russia on supplying Kazakh oil to Lithuania’s Mazeikiu Nafta (MN) petroleum concern are proceeding, the minister of energy and mineral resources of Kazakhstan, Vladimir Shkolnik, told New Europe in Astana last Shkolnik: Kazakhstan, Russia discuss Caspian oil for Mazeikiu Negotiations between Kazakhstan and Russia on supplying Kazakh oil to Lithuania’s Mazeikiu Nafta (MN) petroleum concern are proceeding, the minister of energy and mineral resources of Kazakhstan, Vladimir Shkolnik, told New Europe in Astana last Kazakhstan, Poland may jointly purchase Mazeikiu Poland’s Minister of Economy Piotr Wozniak said his country proposed to Kazakhstan’s national company KazMunaiGaz to join forces in purchasing an oil refining plant in Lithuania. Poland’s PKN Orlen has left Kazakhstan with idea to Government leans towards KazMunaiGaz The Lithuanian authority was favouring changing hands of the control of Lithuanian oil and gas company KazMunaiGaz from Mazeikiu Nafta oil concern, the Lithuanian newspaper Lietuvos Rytas reported last Tuesday, cited by Interfax. “The Lithuanian KazMunaiGas wants to buy refinery in Europe The main oil intrigue in Kazakhstan lately has been KazMunaiGas’ battle for the shares of Lithuanian Mazeikiu Nafta. The bets for victory have been swinging from the Kazakh national oil and gas company to Polish Gazprom discusses cooperation with Kazakhstan Gazprom CEO Alexei Miller met with KazMunayGaz President Uzakbai Karabalin. The Russian gas holding’s press service told RBC that both sides discussed the development of bilateral cooperation. In particular, the participants of the meeting considered Kazakhstan-Agip KCO talks on BG group’s stake to continue Kazakhstan and members of the Agip KCO consortium reached a preliminary agreement on the former becoming part of the North Caspian project, it was reported last week. They plan to continue specific talks on a KazMunaiGaz mulls gas shipments to China Kazakhstan’s national oil and gas company KazMunaiGaz could start shipping gas to China by as early as late 2008, a company statement said last week. Representatives from KazMunaiGaz and China National Petroleum Corporation (CNPC) discussed KazMunaiGas eyes Odessa-Brody-Plotsk deal A meeting on issues of bilateral relations in the oil and gas sphere was discussed on March 2 between Uzakbai Karabalin, president of the National Company KazMunaiGas JSC, and the Ambassador of Poland to Kazakhstan New Caspian port to handle more Kazakh oil Kazakh Prime Minister Danyal Akhmetov recently said that the former Soviet republic is to develop its port capacity on the Caspian Sea to handle increased volumes of oil output. “The government embraces the idea of the Trans-Caucasus oil line links Caspian to Mediterranean An almost 1,800-kilometre oil pipeline running from Baku through the Georgian capital Tbilisi to Ceyhan in Turkey was opened last Wednesday in a ceremony that marked the linking of Caspian Sea oil reserves to the Baku-Ceyhan main export pipeline finally opens An almost 1,800-kilometre oil pipeline running from Baku through the Georgian capital Tbilisi to Ceyhan in Turkey opened last Wednesday in a ceremony that marked the linking of Caspian Sea oil reserves to the Mediterranean. KazMunaiGaz and LUKoil sign Caspian oil contract Management from Russian oil major LUKoil and Kazakh national oil and gas company KazMunaiGaz signed an agreement in Astana on January 9 according to which the Russian company receives a 50 percent share in a KazMunaiGaz to wind up Kurmangazy talks with Total Kazakh national oil and gas company KazMunaiGaz plans to complete negotiations with France’s Total in 2004 regarding its participation in the development of the Kurmangazy field in the Caspian, Interfax quoted KazMunaiGaz President Uzakbai Karabalin Astana to consider Atasu-Alashankou oil pipeline Kazakhstan’s national oil company KazMunaiGaz recently submitted technical and financial documentation to the government on the construction of the Atasu- Alashankou stretch of an oil pipeline to China. “We and our Chinese colleagues have drafted and Total sole foreigner investing in Kazakh Caspian oil Kazakhstan does not plan to ask investors other than France’s Total to participate in developing the North Caspian Kurmangazy field, Interfax quoted Uzakbai Karabalin, president of national oil company KazMunaiGaz, as telling a news conference Kazakhstan-China pipeline to be longer than first planned An oil pipeline that is to be built in 2004-2005 and was originally planned to link Atasu, Kazakhstan, to Alashankou on the Kazakh-Chinese border will run as far as Dushanzi, China, under a plan publicised Karabalin says too early to build pipeline to Iran The head of Kazakhstan’s national oil company KazMunaiGaz said last Monday the time to build an oil pipeline to Iran has not yet come. “As far a transporting oil via the Iran route is concerned, this Agip KCO to start Kashagan development in 2007-2008 International consortium Agip KCO plans to start commercial development of the Kashagan field in the Kazakh sector of the Caspian in 2007-2008. The exact date for the start of commercial oil production at the Kashagan |
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