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3 weeks ago | 
bloomberg.com | Nariman Gizitdinov
KazMunayGas CEO Askhat Khassenov(Bloomberg) -- Kazakhstan’s state-owned oil producer KazMunayGas National Co. is exploring options including yuan-denominated bonds as a cheaper way to raise funds from abroad, according to its chief executive officer. “Depending on the market conditions, we may borrow,” Askhat Khassenov said in an interview. “We looked at all options. Currently there is a possibility to sell dim sum, panda bonds” or debt in Arab countries, he said.
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3 weeks ago | 
news.bloomberglaw.com | Nariman Gizitdinov
Kazakhstan’s central bank could consider raising interest rates further to curb inflation that’s running at almost double the target, Governor Timur Suleimenov said. Suleimenov pointed to “a pile of inflationary factors” that could require action from monetary authorities this year, notably imported price pressures from Russia, and signs of an overheating domestic economy.
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3 weeks ago | 
news.bloombergtax.com | Nariman Gizitdinov
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1 month ago | 
financialpost.com | Nariman Gizitdinov
Advertisement 1Kazakhstan is considering building a natural gas refinery at the Karachaganak oil field by itself, after the cost of the development proposed by international oil companies ballooned to about $6 billion, according to people familiar with the matter.
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1 month ago | 
bloomberg.com | Nariman Gizitdinov
Gases rising from a chimney stack under a moody sky. (Bloomberg) -- Kazakhstan is considering building a natural gas refinery at the Karachaganak oil field by itself, after the cost of the development proposed by international oil companies ballooned to about $6 billion, according to people familiar with the matter. The companies, led by Eni SpA and Shell Plc, have delayed the planned completion of the facility to 2030 from the previously planned date of 2028, the people said.
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1 month ago | 
bloomberg.com | Nariman Gizitdinov |Grant Smith
A pumping unit draws oil at a field in Kazakhstan. (Bloomberg) -- Kazakhstan said it can’t cut oil production right now, and even hopes to increase output beyond planned levels later this year, deepening a stand-off with its OPEC+ counterparts. Output is more than 70% controlled by 3 large international consortiums and “the republic has no right to enforce production cuts” on their fields, Energy Minister Yerlan Akkenzhenov told reporters in Astana on Thursday.
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1 month ago | 
flipboard.com | Nariman Gizitdinov |Grant Smith
1 hour agoUS: Oil prices up as US court blocks Trump tariffsSHOTLIST: NEW YORK, US (MARCH 8, 2022) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 1. VARIOUS OF DRONE SHOTS SHOWING PHILIPS 66 OIL REFINERY NEW YORK, US (MARCH 8, 2022) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 2. VARIOUS OF DRONE SHOTS SHOWING PHILIPS 66 OIL REFINERY ELMET, TATARSTAN (2023) (ANADOLU – ACCESS ALL) (FILE FOOTAGE) 3. VARIOUS OF OIL WELLS AT TANEFT FIELDS 4. VARIOUS OF STAFF WORKING NEAR OIL WELLS 5.
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1 month ago | 
bloomberglinea.com | Grant Smith |Nariman Gizitdinov |Andrey Rudakov
Bloomberg — La OPEP+ adelantó un día, al 31 de mayo, la videoconferencia en la que se decidirán los niveles de producción de petróleo de julio para ocho miembros clave, según informaron los delegados. El subgrupo de ocho países liderado por Arabia Saudita y Rusia mantuvo la semana pasada conversaciones preliminares sobre un nuevo aumento extraordinario de la producción de alrededor de 411.000 barriles diarios por tercer mes consecutivo, que se ultimará durante su conferencia telefónica.
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1 month ago | 
bloomberg.com | Grant Smith |Nariman Gizitdinov
La OPEP+ adelantó un día, al 31 de mayo, la videoconferencia en la que se decidirán los niveles de producción de petróleo de julio para ocho miembros clave, según informaron los delegados. El subgrupo de ocho países liderado por Arabia Saudita y Rusia mantuvo la semana pasada conversaciones preliminares sobre un nuevo aumento extraordinario de la producción de alrededor de 411.000 barriles diarios por tercer mes consecutivo, que se ultimará durante su conferencia telefónica.
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1 month ago | 
bloomberg.com | Grant Smith |Nariman Gizitdinov
The Juaymah Tank Farm in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. (Bloomberg) -- OPEC+ brought forward a video-conference that will decide July oil production levels for eight key members by one day to May 31, delegates said.
