Kazakhstan

KazMunayGas plans to hold IPO in autumn of 2020

The initial public offering of KazMunayGas (KMG)’s shares is scheduled for October-November 2020, deputy chairman of KMG’s Board for production Zhakyp Marabayev reported.

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One of the key Kazakh refineries increased processing by 2% in 2019

Atyrau refinery (Kazakhstan) produced more than 1 million tons of motor petrol by the end of 2019. Oil processing at the plant exceeded 5.3 million tons, the company's press centre reports.

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KazMunayGas produced 23.618 million tons of oil in January-December 2019

KazMunayGas oil and gas company (KMG) in Kazakhstan produced 23.618 million tons of oil and gas condensate in January-December 2019.

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Kazakhstan wants to discover dozens of mineral and rare earth metals deposits in the next 5 years

The authorities of Kazakhstan plan to discover new deposits for production of minerals and rare earth metals in the next 5 years.

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KAZ Minerals intends to maintain gold production 2020

KAZ Minerals Group, a major copper producer in Kazakhstan, intends to maintain the volume of associated gold production at the level of about a year earlier in 2020, the company said.

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More than 29 million tons of oil produced at Tengiz field in 2019

In 2019, 29 790 thousand tons of oil were produced at the Tengiz field, a correspondent of the Kazinform reports.

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Kazakhstan to continue negotiations with Russia on location of the Power of Siberia-2 gas pipeline

Negotiations between Kazakhstan and Russia on the possible passage of the Power of Siberia - 2 gas pipeline through the territory of the republic will continue.

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Kazakhstan increased production of steel and rolled products in January

According to Statistics Committee of the Kazakhstani Ministry of National Economy, in January 2020, steel production in Kazakhstan amounted to 343 322 tons.

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Kazakhstan counts on Power of Siberia-2

During a meeting with his Russian counterpart Alexander Novak, head of the Kazakh Ministry of Energy Nurlan Nogaev suggested considering the possibility of laying the Power of Siberia-2 gas pipelin

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Belneftekhim is in talks with NCOC, KPO and Total on supply of oil from their resources

Belneftekhim group has held meetings with KPO, NCOC, Tengizchevroil (TCO) and Total at the latest talks in Nur-Sultan on the supply of Kazakh oil to Belarus, head of the Energy Ministry of Kazakhst

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