Oil and Gas Industry Latest News

17.03.2014 US-based consortium head likely for Turkmen-India gas pipeline

The $9-billion Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline project is likely to see an America-based consortium leader, India’s Business Standard reported on March 17.

17.03.2014 Turkmenistan to increase gas exports to China

President of Turkmenistan, Gurbanguly Berdimuhamedov issued a number of instructions regarding the accelerated industrial development of highly promising fields of the country, stepwise increase of export volumes of Turkmen 'blue fuel' through Turkmenistan -China pipelin

17.03.2014 Russian Lukoil invests $660 million in Uzbek gas projects in 2013

Russian National Company Lukoil invested $ 660 million in gas projects implementation in Uzbekistan in 2013 which is 38 percent higher than in 2012, corporate newspaper of "Lukoil Overseas" (operator of international upstream- projects of Russian company) reported, Trend

14.03.2014 Kazakhstan’s 100 wells may be suitable for sidetracking

OzenMunayGas, a subsidiary of KazMunayGas Exploration and Production, is going to use sidetracking for killed and complicated wells, said the chief geologist of OzenMunayGas, Aman Okauly, who is also the company’s deputy director-general of geology and exploration.  Okau

06.03.2014 Russia’s Tatneft opens tyre logistics complex in Kazakhstan

The Kama-Kazakhstan Trade House has opened the first in the Republic of Kazakhstan automated tire logistics center for sale and servicing of tyres produced by the Nizhnekamsk tire Complex of Tatneft in the Astana Free Economic Zone, Tatneft’s press office said on March 5

05.03.2014 Oil production at Kazakhstan’s Kashagan not to be resumed soon

Talking about the resumption of production at the Kashagan field is premature, Chairman of Board of the Kazakh national oil and gas company KazMunaiGas, Sayat Mynbayev said at a briefing held at the Central Communications Service on March 4, Trend has reported.

04.03.2014 Kazakhstan’s fourth refinery to export fuel to Central Asian countries

Kazakhstan’s fourth oil refinery will export fuel to Uzbekistan, Tajikistan and Afghanistan, Kazakhstan Today has reported, citing KazMunayGas board chairman Sauat Mynbayev as telling a briefing. He said Kazakhstan would have to compete with Russia on those markets.

03.03.2014 Kazakhstan, Turkmenistan, Iran discuss joint railroad project

Kazakhstan, Turkmenistan and Iran at a conference on March 2 discussed the project to build a joint railroad, Kazakhstan Today has reported, citing the Iranian news agency Fars.

03.03.2014 Kazakhstan to set up firm to deliver fuel to Russia

Kazakhstan is going to set up a single operator to sell fuel to Russia, Kazakhstan Today has reported.

03.03.2014 Kazakhstan hopes for Kashagan restart soon

Kazakhstan's Prime Minister Serik Akhmetov said on February 28 he hoped that the country's giant offshore oilfield Kashagan could restart output within months and produce 3 million tonnes of crude by the end of the year, Reuters has reported.