Atyrau, September 24 11:40
Day clear+24, evening: +17
Official exchange rates: $ 340.35  € 405.46  P 5.87

Economy


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February 22 2016

​Did Shukeev, the Head of National Welfare Fund, speak with Atyrau refinery workers about privatization?

On February 19, Umirzak Shukeev, chairman of the board of the national welfare fund “Samruk-Kazyna" visited Atyrau.

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February 16 2016

​TCO spent USD 2 bln 400 mln for local procurement in 2015

Tengizchevroil LLP operating at Tengiz and Korolevskoye deposits in Atyrau region spent 2 bln 400 mln U.S. dollars for purchase of Kazakhstani goods and services in 2015, Kazinform learnt from the company's press office.

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February 10 2016

TCO increasing gas production

"Tengizchevroil" LLP, which is developing Tengiz and Korolev oil and gas fields, is increasing the volume of gas production.

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February 3 2016

LG Chem scraps plan for PE complex in Atyrau

LG Chem, South Korea's biggest chemicals company, has decided to scrap plans to build a 3.84 billion euros ($4.15 billion) polyethylene complex in Kazakhstan because of sharply rising costs and falling oil prices.

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February 1 2016

EBRD supports efficient electricity generation in Atyrau

The European Bank for Reconstruction and Development (EBRD) is continuing to support the Green Economy drive in Kazakhstan by financing a new, cleaner and more energy-efficient electricity generating plant in Atyrau, a harbour city on the Caspian Sea and a regional capital in western Kazakhstan.

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January 13 2016

​International construction consortium of oil projects to be created in Kazakhstan

The international construction consortium of oil projects will be created in Kazakhstan, said Serbolat Shorayev, member of the council of business chamber in Atyrau Oblast.

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December 28 2015

​Community market opened in Atyrau

On December 26, “Saraishyk" community market located in Nursaya residential district was officially opened.

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December 15 2015

​Oil industry workers received State Prize

On December 14, in "Akorda" residence, the President of Kazakhstan Nursultan Nazarbayev awarded Kurmangazy Iskaziev, the First Deputy CEO of Embamunaigaz, the CEO of KazMunaiGas Exploration and Production, the Candidate of Geological and Mineralogical Sciences with the State Prize for a Cycle of works on the subject: "Scientific justification of the hydrocarbonic potential of Kazakhstan".

2164 views


December 9 2015

Replacement of Pipes at Kashagan Field is Ahead of Schedule, Says B. Izmukhambetov

Work on replacing the pipes at the Kashagan field is ahead of schedule. This was announced by the Mayor of Atyrau region Baktykozha Izmukhambetov during the press conference in Central Communications Service under the President of Kazakhstan.

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December 8 2015

​Highest Kazakhstan GRP per capita in Atyrau region

The highest GRP per capital in Kazakhstan is in Atyrau region, Governor of Atyrau region Baktylozha Izmukhambetov told at the CCS media briefing.

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December 7 2015

​Minister of Agriculture visited Atyrau

On December 5, the RoK Minister of Agriculture Asylzhan Mamytbekov (on a photo) paid a working visit to Atyrau. The minister visited the agrarian sector companies, distributed awards to the leaders of the branch during the solemn meeting at the Drama theater and then held press conference at the regional communications service.

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November 30 2015

​"As for oil prices, there is still a safety margin"

Pipelines major repair activities at Kashagan project are ongoing ahead of schedule. Production re-start is expected tentatively at the end of next year.

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November 26 2015

​Stephane de Mahieu resigned, NCOC N.V has a new Managing Director (+UPGRADE)

NCOC N.V Managing Director Stephane de Mahieu resigned. The position was filled by Bruno Jardine, the head of Exxon Mobile Kazakhstan.

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November 20 2015

Price of bread and bus fares will increase in Atyrau

As of January 1, the price of “social" bread loaf will cost 80 tenge and more, warn Atyrau bakers. The fares for public transport in the city will be 80 tenge and on suburban routes - 100 tenge by the unanimous vote of the deputies of Atyrau Maslikhat.

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November 13 2015

Investigation of operator's death in Tengiz completed

The accident connected with the death of forklift operator that took place on the territory of Isker LLP production base, located at Karaton-1 rotational camp, has been investigated (see “Death of operator in Tengiz") .

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​Pharmaceutical plant under construction in Atyrau

Atyrau set in train the construction of a pharmaceutical plant - LUMPAN CASPIAN PHARMACEUTICALS LLP - worth 3 bln 700 mln t

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November 8 2015

French technology comes to Atyrau Refinery

Production of industrial gases in the refining sector in Kazakhstan is displayed on outsourcing. Shareholders Agreement on creation of the Kazakh-French joint venture for the production of industrial gases was signed November 5, 2015 during the official visit of the President of Kazakhstan, NA Nazarbayev to France. The project partners are the subsidiary of JSC "NC" KazMunayGas "- JSC «KazMunayGas - refining and marketing "and a world leader in the production and supply of industrial gases French company «Air Liquide». The document was signed by Chairman of the Board of JSC "NC" KazMunayGas" Sauat Mynbayev and CEO «Air Liquide» Christophe Chalier.

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October 24 2015

​Tim Miller leaves, his deputy will become TCO's new CEO

Tim Miller resigns from the position of Tengizchevroil's CEO as of November 1.

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October 22 2015

​Services of Atyrau refinery go up by one and one-half times in price

As of October 1, the price of processing of 1 ton of crude for suppliers of Atyrau Refinery grew by 55%. This instantly provoked the price jump of AI-92 and diesel fuel at “KMG-Onimderi" gas stations.

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October 20 2015

Minister of Energy V. Shkolnik visited Tengiz and Kashagan fields

Minister of Energy of Kazakhstan Vladimir Shkolnik made a working trip to Atyrau region on October 16-17.

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October 6 2015

​EBRD, TCO launching new program to support SMEs

In the framework of "Aktau Declaration: Synergies and localization" forum held in the city of Almaty, European Bank for Reconstruction and Development (EBRD) and Tengizchevroil (TCO) have signed an agreement to support small and medium-sized businesses in Kazakhstan.

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October 2 2015

​Sturgeon plant - the first in the rating

According to the results of the National business rating the Atyrau sturgeon fish-breeding plant, located in Erkin-kala village of Atyrau Oblast, has been recognized as the leader in the branch in 2015, and in the nomination "The Best Manager of 2015" - the winner became the director of this plant Rashiden Kalidullin, has been reported on RoK Ministry of Agriculture web

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September 29 2015

​KMG EP appoints new Chief Executive Officer

JSC "KMG EP" ("KMG EP" or the "Company") announces that Kurmangazy Iskaziev has been appointed General Director (CEO) of KMG EP by the Board of Directors.

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September 28 2015

Worley Parsons downsizing its personnel

The editorial office has received the letter from employees of Worley Parsons Kazakhstan -oilfield services company, where they informed about downsizing of local staff.

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September 14 2015

CPC Completes Expansion Phase 1 in Kazakhstan

Caspian Pipeline Consortium has commissioned the upgraded Tengiz and Atyrau pump stations. An official commissioning ceremony was held in Atyrau on September 9, marking Expansion phase 1 completion in Kazakhstan.

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September 10 2015

Companies employing foreign labour violated the law

The prosecutor's office of the Zhyloi District revealed the facts of violation of the RoK Labour Code in the foreign limited liability partnerships working in the region.

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September 9 2015

"​Gallery play" or Continuation of "Caspian Sulfur Company” LLP dispute

On September 8, 2015 near the buildings of the Justice Department and Prosecutor's Office of Atyrau Oblast T. Kizatova, the Chairman of the Public Association "Demos", made a public speech. She allegedly represents the interests of Caspian Sulfur Company LLP.

1640 views


August 21 2015

​Govenor's request-instruction: "Don't play with prices"

"As the head of the region I would request and task you not to play prices", - said Governor Baktykozha Izmukhambetov at today's meeting in regional government administration building addressing the representatives of supermarkets and big shopping centers.

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August 18 2015

​Governor B. Izmukhambetov: "I'll deal with fish trap nets installed at the mouth of the river"

On August 14, Governor of Atyrau Oblast Baktykozha Izmukhambetov reported before the local core group for three years of his work and the first half of 2015.

1207 views

​Real price of Kazakhstan oil and whether Kashagan will be re-started - expert's opinion

The pioneer of Amangeldy gas field Marat Mailibaev talks about the real price of Kazakhstan oil, the issues that Kazakhstan would face during the process of reduction of oil prices and whether Kashagan will be re-started.

1883 views


August 14 2015

​Project fulfillment on plant construction of poisonous wastes utilization may be relocated from Pavlodar to Atyrau

The project fulfillment on utilization of resistant organic pollutants may be relocated from Pavlodar to Atyrau.

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July 20 2015

​Restaurants were “modest” in tax declarations, what about shopping centres and markets?

As of July 1, the receipt into local budget made 75 billion tenge against the planned 66 billion. Besides, under the republican budget 90,1 billion tenge has been transferred. This was informed by the head of state revenues department of Atyrau Oblast Madi Takiev at the core group meeting held after the opening ceremony of Information Reception and Processing Center.

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July 17 2015

​No lay-offs at Kashagan

As it was reported earlier, the process of operational model restructuring at the North Caspian project has been completed.

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​Eni and KMG agree to jointly explore Isatay offshore block

KazMunayGas signed the contract for joint exploration and production at Isatay offshore block. The information was posted on Kazakhstan stock exchange website.

1728 views

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