123 results found

On 9 November 2015, in connection with Kazakhstan's accession to the WTO, amendments to the subsoil use legislation made came into force and significantly altered the existing local content requirements.

The procedure is very formalistic and a potential provider has to strictly follow it, failing which it may be disqualified.

"Take or pay" is a mid-twentieth-century mechanism for building contracts for the supply of goods. It was conceived of as a contractual structure in which the buyer had to purchase (take) the goods...

The number of renewable energy projects is poised to grow even faster than before in Kazakhstan, as it is becoming a critical component of state policy for economic development and innovation.

On 9 November 2015, in connection with Kazakhstan's accession to the WTO, amendments to the subsoil use legislation came into force and significantly altered the existing local content requirements.

Auction Tenders for the Next 3 Months (Renewable Energy Sources)

Energy efficiency or, in .other words, rational use of energy resources in the economy and social sphere is an important factor in increasing the profitability and competitiveness of the production sector and saving energy resources

Kazakhstan floats its national currency, tenge, allowing the market to determine the tenge rate.

Led by the likes of Kashagan and Tengiz, Kazakhstan is ramping up to develop hydrocarbon resources believed to exceed 30 billion barrels of oil and 70tcf of gas.

On July 14 in 2021 European Commission developed EU Green Deal1 environmental plan. It is planned to reduce carbon dioxide emissions by 55% by 2030.

If an investor wishes to commence oil and gas activity (exploration/production) in the Republic of Kazakhstan ("RoK")

Over the past year, oil prices have experienced the largest drop since the 2007-2009 recession. Throughout the mid-2000s oil prices fluctuated around the psychological benchmark of $100, whilst today it seems that $30 per barrel is the new reality.

In 2016, the Market Council in Kazakhstan was designated by the relevant Order of the Minister of Energy of the Republic of Kazakhstan as the Association...

Kazakhstan's gas sector has vast potential as recoverable gas reserves in Kazakhstan are approved at the level of 3.9 trillion cubic meters...

The Karachaganak field (also known as Karachaganak) is one of the largest oil and gas fields in the world, located in the western part of Kazakhstan.

The capacity market has been introduced in 2019 and aims to attract investments in the country's power industry by ensuring returns on investments in the construction of new generation...

The EAEU is a Russia-led economic union of the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation that represents, from an energy perspective, ...