Who buys Kazakhstan oil production today? Question: How might the falling oil prices affect Kazakhstan’s ability to develop and deliver oil to other countries, especially Europe? Answer: The Italian company ENI been major player in the Kazakhstan’s energy sector for … Continue reading →
Kazakhstan has three major regions. Large parts of the west are desert or swamp; the population density generally very low, and the development of energy resources has encouraged local elites to explore the margins of their autonomy vis-à-vis the political … Continue reading →
Three recent developments testify to the latent dynamism of the Kazakhstan energy growth. These concern an extension of industrial cooperation with Ukraine and with India, and new plans for increasing the capacity of the pipeline of the Caspian Pipeline Corporation … Continue reading →
Currency devaluation and banking reforms appear to have set Kazakhstan strongly on the road to recovery. A ministerial shake-up, which appears more rational than President Nursultan Nazarbaev’s usual reorganizations, and higher oil export duties next year, should help to maintain the economy’s strength
Continue reading →The presidents of Azerbaijan, Kazakhstan, Russia, and Turkmenistan ended their four-way Caspian summit meeting in Kazakhstan’s resort city of Kenderly last weekend with its purpose and consequences as clear as distant figures in an early autumn mist. Two elements did … Continue reading →
Ground was broken in Kazakhstan last week for construction of that country’s segment of a pipeline for Turkmenistan-China gas pipeline transmission, set to be the longest and most expensive such pipeline in the world. Its length is usually given as … Continue reading →
Late last year, the flagship venture TengizChevrOil (TCO) took the unusual step of holding its board meeting in Almaty and voting to suspend the next stage (planned at $3 billion) in the project’s development. A number of explanations filtered out … Continue reading →