Kazakhstan
Industry
Kazakhstan is suggesting it could exercise its option to acquire ConocoPhillips' share of the Kashagan field despite ONGC's bid receiving approval from remaining field partners. This...
2013-04-17Industry
BMI View: The Kazakh state is making efforts to boost the country's hydrocarbons industry, lifting a moratorium on the development of new oilfields and calling for 'special attention'...
2013-01-29Industry
BMI View: ConocoPhilips' reported exit from the giant Kashagan field reiterates the regulatory risks of operating in Kazakhstan which we have highlighted previously. Should Kazakhstan's...
2012-10-02Business Environment
BMI View: Kazakhstan's approval of a new regulatory bill that will give the state a 51% stake in any new pipeline could have a ricochet effect on the country's upstream sector.It could...
2012-06-18Industry
BMI View: The Kazakh authorities' decision to approve a US$4bn loan to state-owned KazMunaiGas - enabling the company to undertake the development of Phase I of Kashagan oil project...
2012-03-05Industry
BMI View: Protests sparked by oil workers grievances in the streets of the Kazakh city of Aktau have escalated in recent days, significantly raising the risks to the industry. Foreign...
2011-12-20Industry
The Kazakh government has finally claimed a stake in the massive Karachaganak gas and condensate field. Despite having had their interests in the project diluted, we believe this is...
2011-12-14Industry
Turkmen president Gurbanguly Berdymukhamedov, while on a state visit to China on November 23 2011, signed an agreement that will boost gas export volumes by 25bn cubic metres (bcm)...
2011-11-23Industry
BMI View: The announcement that KazMunaiGaz will launch a US$5.5bn spending spree is a clear sign of Kazakhstan's upstream attractiveness. The company is likely to maintain its current...
2011-10-20Industry
The head of Kazakhstan's Samruk-Kazyna sovereign wealth fund, Timur Kulibayev, told reporters in Astana on October 5 2011 that the state would pay US$700mn-1.1bn for a 10% stake in...
2011-10-06



