Economy

Economy

October 1 - Kashagan still shut down

Today, October 1, is the deadline after which, as per the Supplemental Agreement to PSA, the NCOC consortium's expenses will not be compensated by the oil produced. To recall, the main condition was to start commercial crude production by this date. October 1 2013, 19:00 2 603 просмотрs

Economy

Sinopec fails to launch aromatic hydrocarbons complex

The long-awaited startup of aromatic hydrocarbons production complex at ANPZ, the Atyrau refinery, has been postponed to uncertain date August 1 2013, 12:14 2 318 просмотрs

Economy

TCO to provide gas to new gas chemical complex in Atyrau

The first ever gas chemical complex that is to be built in Atyrau region will function on the gas from Tengiz field. July 18 2013, 17:28 4 107 просмотрs

Economy

Kashagan gets sweet gas

July 17,  North Caspian Operating Company has announced the start of the critical phase in the development of Kashagan field - delivery of sweet gas to the offshore oil and gas treatment complex at the man-made D island and igniting a flare on July 14. July 18 2013, 12:15 2 577 просмотрs

Economy

Governor meets Serbian ambassador

July 4, the akim of Atyrau Oblast Baktykozha Izmukhambetov received Ambassador Extraordinary and Plenipotentiary of the Republic of Serbia to Kazakhstan Vladimir Mircovic and representatives of Serbian Poljostroj company Gordana Stanimirovic and Pavel Sudors. July 5 2013, 09:21 1 965 просмотрs

Economy

Managing director to be replaced at Kashagan on June 1

North Caspian Production Operations Company (NCPOС) Managing Director is expected to be replaced effective June 1, reports azh.kz, citing KazTAG. May 17 2013, 13:20 3 162 просмотрs

Economy

Over 500 illegal workers detected in Atyrau

On May 13-17 police conducted an operative-preventive action “Illegal Worker” in Atyrau Oblast. May 16 2013, 18:19 1 891 просмотрs

Economy

Day that “shook” Selstroi city district

Early Sunday morning on May 12, people residing along Azzatyk avenue near Selstroi city district were woken up by clattering noise of vehicles transporting bulky industrial modules. Later we found out that it was new equipment delivered to Atyrau Refinery, to be more exact, to the Aromatic hydrocarbons production complex (KPA). May 15 2013, 11:49 4 457 просмотрs

Economy

Tender Bids became nearer

An insignificant small percent of Kazakhstan content in major oil and gas projects is a sore subject for local businesses. One of the reasons of such state of affairs is that Kazakhstan companies do not have international certificates which can grant them rights to participate in tenders. Recently, with NCOC's asssitance 16 local companies obtained international cetification.  May 14 2013, 12:34 1 908 просмотрs

Economy

Kashagan power grows by 240 MWt

Test and commissioning of six gas turbine power generators, 40 MWt each, took place at Bolashak plant in Karabatan. Two of them are now operating using gas from Makat and generating power for plant’s needs. After the start of oil production they will be receiving cleaned gas from Kashagan field. May 2 2013, 15:56 4 188 просмотрs

Economy

Head of national oil company commented on accusations in anonymous letter

The head of KazMunayGas national company Lyazzat Kiyinov commented on a situation around Embamunaygas production branch. April 29 2013, 18:02 2 531 просмотрs

Economy

CPC to spend US$ 5.4bn on project upgrade

CPC General Director Nikolai Brunich made a business trip to Atyrau last week within the framework of his tour to CPC Central and Eastern Regions, reads the company press statement. April 15 2013, 17:09 2 206 просмотрs

Economy

399 foreign workforce to arrive to Atyrau Refinery

RoK government approved the quota for attraction of foreign labor to Sinopec Engineering , Kazakh branch of Chinese company, for Atyrau Refinery Upgrade project . April 5 2013, 09:52 2 592 просмотрs

Economy

Tengizchevroil, Mangystau akimat sign memo

Mangystau akimat and Tengizchevroil LLP signed a memorandum of cooperation. The document was signed by governor Alik Aidarbayev on behalf of Mangystau and Tim Miller, general director of the company. April 3 2013, 14:32 3 116 просмотрs

Economy

Aktau port to expand

Kazakhstan will expand its ferry fleet. According to Askar Zhumagaliyev, the RoK Minister of Transport and Communications, there is currently a need for expansion of the ferry fleet and increase of the volume of transported freights, as local shipping companies transport only oil and the bulks of dry goods and ferry freights are transported by foreign companies, reads the Minister’s report. March 27 2013, 12:32 2 926 просмотрs

Economy

Zhaikmunai buys three oil and gas fields for $16mln

Zhaikmunai LLP, an oil and gas production company operating in the north-west of Kazakhstan, has completed a purchase of rights to exploit three oil and gas deposits for 16mln dollars, the company announced, writes IA Novosti Kazakhstan.  March 5 2013, 15:57 3 862 просмотрs

Economy

Keppel strikers win 30% salary increase

The workers that went on strike on Feb 19 informed the journalists that they won 30% salary increase. But the company management still doesn't comment on this rather unstable situation at the enterprise. February 27 2013, 12:14 2 158 просмотрs

Economy

ArcelorMittal to pay 2.5mln tenge to family of Aktau fire victim

After explosion a fire broke out at Arselor Mittal Aktau pipe plant Friday, 22 Feb, lada.kz reports.  One of three victims of the fire died in a hospital on Saturday, tengrinews.kz reports. February 27 2013, 11:43 2 674 просмотрs

Economy

Govt established foreign workforce quota for 2013

The government established a quota of attraction of foreign labor to the Republic of Kazakhstan in 2013, the relevant government resolution has been published on Saturday in the official mass media sources. February 25 2013, 14:50 2 189 просмотрs

Economy

FGP gets nod. ANPZ upgrade to end this year

Oil ministry has approved the future growth project proposed by TCO aiming to increase crude production at Tengiz, announced Berik TOLUMBAYEV, Kazakhstan's vice minister of oil and gas, at a meeting with the oblast's core group during his trip to Atyrau Oblast in a campaign to promote presidential address to the nation. February 12 2013, 09:44 3 937 просмотрs

Economy

ExxonMobil Kazakhstan Inc new managing director appointed

Mr. Bruno Jardin has been appointed Managing Director of ExxonMobil Kazakhstan Inc. effective 1 February 2013, the company press service advised WKT on Friday. “Mr. Jardin replaced Michael Crews in this position,” the press service rep said. January 25 2013, 15:06 7 422 просмотрs

Economy

Akimat discussed employment with ANPZ

On January 21, Akimat of Atyrau Oblast, Atyrau Refinery and Sinopec Engineering signed the memorandum of cooperation on employment of Kazakhstan workforce released from Bolashak plant construction project, as well as unemployed people of the region. January 21 2013, 14:51 2 985 просмотрs

Economy

Atyraubalyk JSC declared bankrupt

The decision has been issued by Atyrau oblast specialized economic court on the statement of claim of Atyrau tax administration. January 11 2013, 13:00 1 994 просмотрs

Economy

TCO is to blame for power failure

KEGOC, the republican electricity grid operating company, stated that it has nothing to do with the power failure that took place on January 3 at Tengizchevroil facilities.  Earlier TCO press service reported that one of the reasons was “malfunction of KEGOC’s system”. January 9 2013, 19:05 2 151 просмотрs

Economy

Foreign Capital to Revive Fishing Industry

On Dec 26 during the government delegation to Atyrau, Кadyrzhan Тeylyanov, Fisheries Committee Chair, announced that KZ may attract foreign investment to sea fishing. December 29 2012, 17:47 1 802 просмотрs