Four onshore oil and gas blocs were put up for sale in Kazakhstan, said Kazakhstan Minister of Oil and Gas Uzakbay Karabalin at the Kazakhstan-Canadian business-forum in the Canadian city of Calgary on Wednesday.
“Next year number of the fields put up for sale will be doubled,” Karabalin said.
He reminded that at present about 80 foreign companies have been operating in the oil and gas industry of Kazakhstan, including big and small companies.
“Both local and foreign companies could take part at the tender for development of new oil and gas blocs. The main condition for joining the projects in Kazakhstan is that the investors must bring new technologies with them,” Kazakhstan Minister said.—0—
Economics
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The Central Bank of the Republic of Azerbaijan aims to enact green bond legislation by year-end, Chairman Taleh Kazimov announced on Thursday during a roundtable discussion at Baku Climate Action Week focused on personal finance.
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Azerbaijani President Ilham Aliyev inaugurated several new enterprises and toured ongoing construction projects in the Zangilan district on Thursday, marking significant strides in the region’s post-occupation recovery.
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Azerbaijani President Ilham Aliyev on Thursday inaugurated several new enterprises and inspected ongoing construction projects in the Jabrayil district, recently liberated from occupation.
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President of Azerbaijan Ilham Aliyev has signed a decree approving a revised structure for auxiliary structural units within the country's state bodies, aiming to enhance administrative efficiency and optimize governmental functions.
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