Kazakhstan

Uzbekistan wants to buy up to 5 mln tons of oil from Kazakhstan and Russia

Uzbekistan has been interested in oil supplies from Kazakhstan and Russia in the amount of up to 5 million tons per year.

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It is planned to increase coal production to 40 million tons in the Karaganda Region.

The economy of the Karaganda region is developing steadily - by the end of 2018 there has been an increase in all key indicators, Kazakhstan Today reports.

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Subsidiaries of SOCAR and KazMunayGas sign agreement of trust management of self-lifting floating drilling rig

KMG Drilling & Services and Caspian Drilling Company Ltd have signed a contract of trust management of self-lifting floating drilling rig, KazMunayGas reports.

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Lukoil to invest in joint venture with Kazakhstan

Lukoil is close to signing a contract with KazMunayGas for development of the little-studied Zhenis block on the Kazakh shelf of the Caspian Sea.

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Southern Gas Corridor to be able to transport gas from Turkmenistan and Kazakhstan

The Southern Gas Corridor, which provides for transportation of Azerbaijani gas to Europe, can also transport gas from Turkmenistan and Kazakhstan.

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In January, steel production in Kazakhstan fell by 41.3%

According to the Statistics Committee of the Ministry of National Economy of Kazakhstan, in January 2019, steel production in Kazakhstan amounted to 223 808 tons.

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In January, Kazakhstan increased production of oil by 7.3%, gas – reduced by 1.9%

In January 2019, oil production in Kazakhstan was 6.924 million tons, which is by 7.3% more than in January 2018, the Statistics Committee of the Economy Ministry reported.

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Oil refining volumes temporarily decrease in Kazakhstan oil refineries.

In Kazakhstan refineries have decreased the volume of oil refining. Petrol exports would be resumed in Q1 2019, the Minister of Energy of Kazakhstan Kanat Bozumbayev announced.

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ArcelorMittal expects growth in steel consumption in CIS of 1-2%

According to assessments of metallurgical company ArcelorMittal, the largest steel producer in the world, it seems that steel consumption in 2019 will be improved compared to the previous year by 0

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In 2019, Kazakhstan plans to launch 11 facilities of inexhaustible energy sources with total capacity of about 400 MW

Kazakhstan intends to launch 11 renewable energy sources facilities with a total capacity of about 400 MW in 2019. Energy Minister of Kazakhstan K.

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