Oil and Gas Sector

10.08.2022

ExxonMobil announces sanctions risks for oil transportation from Kazakhstan

One of the shareholders of CPC ExxonMobil said that he sees sanctions risks for the transportation of oil from Kazakhstan through the system of the Caspian Pipeline Consortium, Interfax reports.

“In the event of an expansion of existing sanctions related to military operations in Ukraine, the imposition of new sanctions, the...

One of the shareholders of CPC ExxonMobil said that he sees sanctions risks for the transportation of oil from Kazakhstan through the system of the Caspian Pipeline Consortium, Interfax reports.

“In the event of an expansion of existing sanctions related to military operations in Ukraine, the imposition of new sanctions, the...

10.08.2022

Kazakhstan runs $6bln surplus on rising fuel prices

Kazakhstan found itself in a balance of payments surplus thanks to rising fuel prices, NBRK Chairman Galymzhan Pirmatov said in an August 8 interview.

“Indeed, in the first half of the year we observed the highest prices in recent years. Considering that, on average, 60% of Kazakhstan's exports are oil, the...

Kazakhstan found itself in a balance of payments surplus thanks to rising fuel prices, NBRK Chairman Galymzhan Pirmatov said in an August 8 interview.

“Indeed, in the first half of the year we observed the highest prices in recent years. Considering that, on average, 60% of Kazakhstan's exports are oil, the...

10.08.2022

KazTransGas Aimak doubles prices for services in Kyzylorda region

The Department of Economic Investigations for the Kyzylorda region is conducting a pre-trial investigation into the fact of an unjustified increase in tariffs against officials of KazTransGas Aimak, with reference to the press service of the Agency for Financial Monitoring.

“During the investigation of the case, the company’s income from illegal...

The Department of Economic Investigations for the Kyzylorda region is conducting a pre-trial investigation into the fact of an unjustified increase in tariffs against officials of KazTransGas Aimak, with reference to the press service of the Agency for Financial Monitoring.

“During the investigation of the case, the company’s income from illegal...

10.08.2022

Ukraine halts Russian oil supply to EU

Ukraine’s state oil pipeline operator Ukrtransnafta has stopped pumping Russian, Kazakh and Turkmen crude through the southern branch of the Druzhba system to the EU, RIA Novosti news agency reported on Monday, citing Russia’s Transneft.

According to the report, transit supplies have been halted to Hungary, the Czech Republic and Slovakia.

Igor...

Ukraine’s state oil pipeline operator Ukrtransnafta has stopped pumping Russian, Kazakh and Turkmen crude through the southern branch of the Druzhba system to the EU, RIA Novosti news agency reported on Monday, citing Russia’s Transneft.

According to the report, transit supplies have been halted to Hungary, the Czech Republic and Slovakia.

Igor...

10.08.2022

Brent recovers after mini-slump

Oil rose $1 a barrel on Tuesday, reversing an earlier decline, after Russia said oil exports to Europe via the southern leg of the Druzhba pipeline had been suspended since early August, reviving concern about tight supply.

Russian pipeline monopoly Transneft said Ukraine had suspended oil flows via the pipeline leg...

Oil rose $1 a barrel on Tuesday, reversing an earlier decline, after Russia said oil exports to Europe via the southern leg of the Druzhba pipeline had been suspended since early August, reviving concern about tight supply.

Russian pipeline monopoly Transneft said Ukraine had suspended oil flows via the pipeline leg...


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