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
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review