How much KMG spent on refineries in Romania and when they will generate profits?

The acquisition of Romanian oil refineries by the KazMunayGas in 2007 was presented to the public as promoting Kazakhstan’s oil interests outside the country. Definetely, owning processing facilities in Europe (where Kazakh... Read more »

What happened at Kashagan and who is responsible?

The hopes of the government and shareholders of the North Caspian project to start a full-scale development of Kashagan could  be postponed for a long time.  It may be required to fully... Read more »

Is Baku ready to accept Kazakh oil?

Kazakhstan will have to find alternative oil export routes even if the Caspian Pipeline Consortium (CPC) system runs smoothly as the republic plans to increase hydrocarbon production. “If today we are planning... Read more »

What will happen to the gas processing plant at Kashagan?

The changes that took place earlier this year in the country’s O&G industry may affect the implementation of major projects in Kazakhstan. In particular, the question arises whether the construction of a... Read more »

Analytical data on TCO

We continue providing analytical data on TCO in the field of local content. Here you can see interesting figures on the number of Kazakhstani specialists in the base business and FGP project.... Read more »

Analytical data on the local content at the Future Growth Project (FGP)

We are sharing with you analytical data on the local content at the Future Growth Project (FGP), Tengizchevroil. According to the information, it was planned to train 5,000 qualified specialists at the... Read more »

GWS purchases from TCO

Since 2017, TCO has purchased GWS in the amount of about 13.7 trillion tenge. Of these, 4.7 trillion tenge, or 34%, fell on local content. Moreover, of this amount, 2% was spent on... Read more »

GWS purchases from KPO

In the first half of this year GWS purchases from KPO amounted to almost 221 billion tenge, with 40% of them for works, 34% – for services, and 26% –  for goods.... Read more »