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Russian energy company Gazprom said it wants to work with the Kazakh government to help exploit its natural gas resources.
The government of Kazakhstan said it was looking for partners to develop the offshore Abay oil field in the Caspian Sea after Statoil left the project.
Russian energy company Gazprom said it stressed the importance of natural gas supplies to Kazakh consumers during talks at the ministerial level.
Energy officials in Kazakhstan said Friday they expect to transport as much as 392 million barrels of oil per year through the Baku-Tbilisi-Ceyhan pipeline.
OPEC leaders claim no control over oil prices; China quake cuts oil demand temporarily; Kazakhs threaten to sanction Agip
As Kazakh oil exports continue to rise, Turkey is seeking to position itself as a major transit hub for Kazakh hydrocarbons. Despite Turkish aspirations, however, a number of obstacles exist to Kazakhstan diversifying its export routes to include Turkey.
Kazakhstan and Japan have signed a deal to work together on atomic energy.
Kazakhstan said it will increase its oil output by 3.7 percent during 2008, the Middle East North Africa Financial Network reported.
A challenge has emerged from Uzbekistan to Transneft's "take it or leave it" policy, with potentially enormous implications for Gazprom's decade-and-a-half monopoly.
Kazakh-Eni talks on Kashagan continue; Iraq to S. Korea: Halt oil work in KRG or face consequences; Chavez proposes oil-for-goods deal
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United Press International
United Press International
United Press International
