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For subscribers » Oil and gas » MangistauMunayGaz | 24 December 2008

MangistauMunayGaz must join KazMunayGaz’s empire. 


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For subscribers » Oil and gas » Kazakhstan doubles oil export customs duty | 12 September 2008

The Kazakh government has increased the oil export customs duty from $109.01 a tonne to $203.8.


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For subscribers » Oil and gas » Kazakhstan to change oil export tax from 2009 | 5 September 2008

A new Tax Code will impose oil export tax ranging between 7% and 32% when world oil prices are above $40 per barrel from 2009.


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For subscribers » Oil and gas » Kazakhstan to impose oil extraction tax at 7% to 20% from 2009 | 5 September 2008

A new Tax Code is expected to impose tax on oil extraction from 2009. The rate of the tax will range between 7% and 20% depending on a company’s output.


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For subscribers » Oil and gas » Tengizchevroil ups oil output by third in January-June 2008 | 8 August 2008

Tengizchevroil produced 8.8m tonnes of oil in the first half of 2008 against 6.72m tonnes in the same period of 2007.


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For subscribers » Oil and gas » Kazakhstan to adopt new mining law | 6 August 2008

The Energy and Mineral Resources Ministry has drafted a new law on mining and mineral resources, Energy and Mineral Resources Minister Sauat Mynbayev told a government meeting in Astana on 6 August.


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For subscribers » Oil and gas » Kazakhstan cuts oil output forecasts for 2008 | 21 May 2008

Kazakhstan has cut its forecast of oil and gas condensate output to 67.6m tonnes of oil in 2008. The government revised the figure based on the output in the first four months of the year.


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For subscribers » Oil and gas » Kazakhstan bans exports of petroleum products until 1 September | 20 May 2008

Kazakhstan has imposed a ban on exports of petroleum products in a bid to curb local prices of petroleum products and prevent shortages of them on the domestic market.


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For subscribers » Oil and gas » Kazakh oil giant cedes 27% interest in promising offshore field to Korean consortium | 15 May 2008

Kazakhstan’s national oil and gas company, KazMunayGaz (KMG), has transferred a 27% stake in the project to conduct prospecting in the Zhambyl oil field in the northern part of the Kazakh sector of the Caspian Sea in a bid to counter the influence of Western oil multinationals in the country’s oil and gas sector.


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For subscribers » Oil and gas » Uzbekistan to boost gas exports in 2008 | 13 May 2008

Uzbekistan plans to increase gas exports by 8.8% to over 16bn cu. m. in 2008.


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