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Kazakhstan has oil, gas, coal and uranium reserves. Kazakhstan is a leading energy producer in the Commonwealth of Independent States (CIS). It is a major producer of oil, gas, and coal, as well as being the largest producer and exporter of uranium ore in the world. [1] Kazakhstan's oil and gas industry has been intensively developing after ...
The oil and gas basins of Kazakhstan can be grouped into four revealed or prospective oil and gas provinces in the Republic of Kazakhstan. Exploration in those provinces in which oil and gas has already been extracted had, by 2010, led to the discovery of more than 200 oil , gas , oil-and-gas and condensate hydrocarbon accumulations.
KazMunayGas (KMG) (Kazakh: QazMūnaiGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan. [1] It was founded in 2002 by merging CJSC Kazakhoil and CJSC Oil&Gas Transportation. [2]
Kazakhstan is the world's largest landlocked country, and the ninth largest in the world, with an area of 2,724,900 square kilometres (1,052,100 sq mi). [ 1 ] [ 3 ] Kazakhstan is the dominant nation of Central Asia economically, generating 60% of the region's GDP, primarily through its oil/gas industry.
Kashagan Field (Kazakh: Қашаған кен орны, Qaşağan ken orny) is an offshore oil field in Kazakhstan's zone of the Caspian Sea. [2] The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world's largest discovery in the last 30 years, combined with the Tengiz Field. [3]
The Agip-led Offshore Kazakhstan Consortium has discovered potentially huge Kashagan oil field in the northern Caspian. Kazakhstan's economic future is linked to oil and gas development. GDP growth will depend on the price of oil, as well as the ability to develop new deposits.
The Ministry of Oil and Gas of the Republic of Kazakhstan (MOG RK, Kazakh: Қазақстан Республикасы Мұнай және газ министрлігі, ҚР МГМ; Russian: Министерство нефти и газа Республики Казахстан, МНГ РК) was one of the governmental bodies of Kazakhstan and part of the cabinet.
KazMunayGas Exploration Production JSC (KASE: RDGZ, LSE: KMG) is a KazMunayGas-majority-owned oil and gas company operating in the Republic of Kazakhstan.. The company explores for hydrocarbons in Mangistau, Atyrau and Kyzylorda regions of Kazakhstan and is the second largest oil producer in the country based on 2006 annual production data.