Friday, March 18, 2011

Central Asia-Russia energy news this week

Moscow - President Dmitry Medvedev and Kazakh President Nursultan Nazarbayev on Thursday held talks on bilateral ties and both vowed to further boost strategic bilateral cooperation. Russia will continue to do everything possible to develop relations with Kazakhstan, which is a strategic partner, said President Dmitry Medvedev. Russian President also praised for Nursultan Nazarbayev's contribution to integration of the two states, and wished Nazarbayev success in the upcoming Kazakh presidential election slated for April 3. Nazarbayev said he believe that there is no problems in Russia-Kazakhstan relationship.

According to Kazakhstan press service, the bilateral trade volume between Kazakhstan and Russia grew by 27.8% to $ 15.8 billion in 2010. The heads of Kazakhstan and Russia discussed the current state and prospects of the bilateral cooperation in several key areas - the transportation of oil and gas resources and exploration of hydrocarbons of the Caspian shelf, nuclear and electric power, transit and transport, aerospace and industrial innovation. In particular, Kazakh President Nursultan Nazarbayev said that almost all oil produced in Kazakhstan will be transited across Russia, which will be ensured mainly by expanding the capacity of the North Caspian oil pipeline to 67 million tons of oil a year. "That is to say, practically the entire oil produced in Kazakhstan now or in the future will be transported via the Russian Federation," he said. Putin, for his own part, confirmed Russia's readiness to share output in north Caspian oil fields with Kazakhstan on a 50:50 basis.

Astana - The volume of export of Kazakh oil is planned to increase up to 84 million tons by 2015, in accordance with the plan of the Ministry of Oil and Gas of Kazakhstan, published on Monday in the official press. It is noted that "exports will increase mainly in two directions: the Caspian Pipeline Consortium and the Kazakhstan-China pipeline." In 2015, the expected growth of oil and gas condensate production will be 124.2% of that of 2009, and production growth will amount to 118.5 million tons, the document says. Meanwhile, Kazakhstan plans to raise natural-gas production by 12 percent this year. Kazakh gas output will be bolstered by ramped-up production at the Karachaganak, Tengiz, Zhanazhol, Tolkyn and Kashagan fields, the ministry said. Russia shipped 48 billion cubic meters of gas across Kazakhstan, while Turkmenistan and Uzbekistan shipped 11.9 billion and 13.4 billion respectively in 2009, it said.

Tashkent - Lukoil may supply gas from Uzbekistan to China, if the Government of Uzbekistan adopts such decision, head of the company Vagit Alekperov said during the telephone conversation with investors. He said that if the Government adopts decision on gas supplies to China and it is economically sound, Lukoil will follow policy of Uzbekistan.

Astana - Defence ministers of the Shanghai Co-operation Organization (SCO) member-states ratified a 2012-2013 co-operation plan March 17, Kazakhstani Defence Minister Adilbek Dzhasybekov said after the organization's Astana conference. The SCO will focus on strengthening security and counter-terrorist measures, he said, adding that the co-operation plan envisions action that stresses the principles of mutual respect and mutual advantage and the spirit of consultation.


Articles referred to in this post:

"Главы Казахстана и России обсудили реализацию стратегических совместных проектов" (Presidents of Kazakhstan and Russia discussed the implementation of joint strategic projects)

"Россия рассчитывает на долгосрочное сотрудничество с Казахстаном - Медведев" (Russia is counting on long-term cooperation with Kazakhstan - Medvedev)

"Назарбаев многое сделал для интеграции - Медведев" (Nazarbayev has done much for the integration - Medvedev)

"Медведев пожелал Назарбаеву успеха на выборах" (Medvedev wished Nazarbayev success in the elections)

"Почти на треть вырос товарооборот между Казахстаном и Россией в 2010 году" (trade between Kazakhstan and Russia increased nearly one-third in 2010)

"Назарбаев: Казахстан готов пустить всю свою нефть через РФ" (Nazarbayev: Kazakhstan is ready to put all of its oil through Russia)

"Казахстан намерен увеличить объем экспорта нефти к 2015 г до 84 млн тонн" (Kazakhstan intends to increase oil exports by 2015 to 84 million tons)

"Kazakhstan Gas Production to Increase 12 Percent This Year"

"ЛУКОЙЛ может поставлять газ из Узбекистана в КНР, если Ташкент примет такое решение" (Lukoil may supply gas from Uzbekistan to China)

"ШОС утвердила план сотрудничества на 2012-2013" (SCO affirms 2012-2013 co-operation plan)

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