Kazakhstan President Nursultan Naarbayev has instructed to study environment safety of the wells watersealed in the Caspian Sea.
Baktykozha Izmuhambetov, governot of the Atyrau distruct, has brought up the issue of neglected offshore wells at today’s session of the government.
He said almost 1400 wells have been flooded in the Caspian Sea, of which 128 ones underwater. From 2004 to 2009 47 wells were repaired and oil leakage was prevented. Izmuhambetov added that the works have been suspended since 2009.
“The problem is that the wells are neglected. If we do not take measures, we could face environmental problem, which could cost us a lot of money,” said head of the region.—0—
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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