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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.
The efforts included Syr Darya Control & Northern Aral Sea (NAS) project. [4] The $86 million NAS project, funded jointly by the World Bank through a loan of $65 million and the Government of Kazakhstan which covered the rest, was designed to mitigate the environmental and economic damage to the region, sustain and increase agriculture and fishing in the Syr Darya basin and secure the ...
Kazakhstan is also further hampered as the oil pipeline infrastructure is not set up to transport oil from the producing assets in the west to the main refineries located in the east of the country. The CPC provides an important outlet for Kazakhstan oil and it is expected that it will be up graded so as to export close to 15,000,000 bbl/d ...
Kazakhstan is experiencing the worst street protests the country has seen since gaining independence three decades ago. The outburst of instability is causing significant concern in Kazakhstan's ...
Kazakhstan is among the group of OPEC allies that have joined with the oil cartel to form OPEC+. The Central Asian country pumped about 1.8 million barrels per day late last year .
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]
In the first three months of 2009, the pipeline transported 8.7 million tonnes of oil. [14] From 2001 to April 31, 2020, through the Tengiz-Novorossiysk pipeline system 662,784,671 tons of net oil were delivered to world markets. Of this amount, 582 814 809 tons is oil from Kazakhstan and 85 295 642 tons is oil produced in Russia.
Numerous oil and gas fields have been discovered in this region in addition to Karachaganak, such as Astrakhan, Tengiz and Zhanazhol Fields. The field consists of a heterogeneous carbonate massif with strata from three geologic periods and numerous stages of deposition during these periods.