Energy Ministry and KazMunaiGas sign Contract on Exploration of Zhambyl Oil Field

    On 28 February, Kazakhstan’s Ministry of Energy and Mineral Resources and the national company KazMunaiGas signed a contract in Astana on hydrocarbon exploration in the Zhambyl field located in the northern section of the Caspian Sea.     “Forecasted reserves at the field have been assessed at 120-130 million tons of oil,”...