Kanat Bozumbayev

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Kazakhstan ready for talks on extending oil output cuts

Kazakhstan ready for talks on extending oil output cuts

Kazakhstan is ready to hold talks with OPEC on extending global oil output cuts into the second half of this year, Kazakh Oil Minister Kanat Bozumbayev said. He noted Kazakhstan aimed to cut crude output further in May …

 Kazakhstan to stop buying oil in 2019

Kazakhstan to stop buying oil in 2019

After the modernization of three Kazakh refineries the refining volume in Kazakhstan will increase to 17.5 million tons by 2019, the country will be fully provided with its own oil products, the Kazakh Energy Minister Kanat …

Kazakhstan has no plans to cut output at Kashagan

Kazakhstan has no plans to cut output at Kashagan

Kazakhstan's Energy Minister Kanat Bozumbayev said he has been negotiating with OPEC, but he believes the central Asian energy giant has already cut output enough this year. "Kazakhstan already slashed its oil …

Kazakhstan ready to start commercial oil production at Kashagan

Kazakhstan ready to start commercial oil production at Kashagan

Kazakhstan is ready to hold a meeting of the managing committee as early as next month, where the decision to start commercial production at the Kashagan field in the Kazakh sector of the Caspian Sea could be announced, Kazakh Energy Minister …

Kashagan oil field operating normally

Kashagan oil field operating normally

Work to bring onstream the giant Kashagan oil field in Kazakhstan is going normally and some crude has already been processed and put in storage, Kazakh Energy Minister Kanat Bozumbayev said. Four wells were …

Kazakh Energy Ministry about its oil production plans

Kazakh Energy Ministry about its oil production plans

Kazakhstan expects oil production to decrease to 74 million tons in 2016, the Kazakh Energy Minister Kanat Bozumbayev said, adding that the oil production in Kazakhstan exceeded forecast by 4% in January-April this year. …

 Doha meeting ends without agreement

Doha meeting ends without agreement

OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output, Reuters reports. The participants of the meeting in Doha acknowledged that the fundamentals are improving. Qatar's minister said that the dynamics of …

Kazakh Minister prepares to visit a meeting in Doha

Kazakh Minister prepares to visit a meeting in Doha

Kazakhstan to take part in the meeting of OPEC countries and other oil producers in Doha on April 17, the country's Ministry of Energy said. Astana will be represented by the Kazakh Energy Minister Kanat …