Kazakhstan plans to take control over associated gas.

By bne IntelliNews January 25, 2010
Kazakhstan plans to take control over associated gas. Kazakh president Nursultan Nazarbayev ordered the government to study Azerbaijan s experience in associated gas revenues. According to the president, the associated gas does not have to belong to an oil producing company if this is not mentioned in the contract. Moreover, according to Nazarbayev, the associated gas is worth noting as owner does not spend money to produce it. The president also ordered the government to consider this issue while concluding new contracts. To remind you, under 1994 contract, Azerbaijan receives free of charge gas produced at Azeri-Chirag-Guneshli field.

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss