Prime Minister Karim Masimov has announced major Kazakhstan energy policy related decisions in the wake of President Nursultan Nazarbaev’s address to the nation last week. First, and most strikingly, he has ordered the suspension all negotiations with foreign investors on … Continue reading →
A little over a month ago, Kazakhstan’s President Nursultan Nazarbaev signed amendments passed several weeks previously by the Majilis (parliament) to the law “On the Subsurface and Subsurface Use” that would allow the government to amend or annul natural-resource contracts … 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 →