Kazakhstan, EU Commission

Kazakhstan may change its oil production obligations because of Kashagan.

Kazakhstan may adjust its obligations to reduce oil production this autumn due to the planned growth in production at the Kashagan field, the country's minister of energy Kanat Bozumbayev state

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Idrisov calls European companies to take part in development of energy infrastructure of Kazakhstan

On March 2-3, 2015, Brussels was visited by Kazakh delegation, headed by the Minister of Foreign Affairs of Kazakhstan Yerlan Idrisov, who took part at the 14th meeting of the Cooperation Council "Kazakhstan – the European Union", the main body of the bilateral cooperation with Europe, the press centre of the Foreign Ministry reports.
The EU delegation was headed by E. Rinkevichs, the Minister of Foreign Affairs of Latvia, which presides over the EU till July 2015.
"During the meeting, the sides discussed a wide range of the bilateral cooperation, including politics, economy, trade and investment, scientific and technological cooperation, consular and legal issues, relation between Central Asia and the EU, as well as exchanged views on topical issues on the international agenda," – the statement said.
E. Idrisov noted that the successful completion of negotiations on a new agreement on expanded partnership and cooperation and on accession of Kazakhstan to the WTO during the visit of the Head of the state in Brussels last year was an important milestone in the relations between Kazakhstan and the EU.

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The results of the week: the fuel shortage in Kazakhstan and anti-Russian sanctions in the Ukraine.

The most notable event of the week was the continuation of the fuel shortages in some regions of Kazakhstan and the adoption of the Ukraine Sanctions Act by the Verkhovna Rada, which provides for 29 anti-Russian actions, including the termination of energy resources transit to Europe.
LLP "KazMunaiGas Onimderi" being the single operator for the supply of Russian oil continues to insist on the fact that one of the probable causes of the gasoline shortage in the retail market of the country is keeping the sale of the fuel by the market participants in anticipation of the higher maximum retail prices in the market. According to the company, there is currently enough fuel in the bulk plants. However, in some regions there is no gasoline at the gas stations or its sale is carried out via coupons. The petroleum deficit is observed in Uralsk, Kokshetau, Kostanay, Almaty.

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