Archives

  • Opportunities in Kazakhstan’s Growing Energy Sector

    Posted 16/06/2014

    Did you know that Kazakhstan is the biggest energy producer after Russia among the former Soviet republics? The country plans to produce 81.8 million metric tons of oil this year, which equates to about 1.65 million barrels a day.

    Once the $50 billion Kashagan project, the country’s biggest oil field, located in the Caspian Sea, is up and running again, Kazakhstan could enter the top ten global oil exporters.

    Kashagan oil field

    The energy-rich country has also recently reported setting new goals to develop the production and processing of hydrocarbon resources and electricity. This forms part of the government’s latest concept for the development of the country’s fuel and energy complex, in which there are plans to invest around $2 billion.

    Kazakhstan ranks 12th in the world for its oil reserves, and 20th for gas reserves. The country has plans to increase the gross volume of oil and condensate production to nearly 112 million tons by 2030. In order to increase the volume of its hydrocarbon reserves, particularly in the Caspian basin, Kazakhstan authorities know that attention to the subsoil use and geological exploration needs to be increased.

    Kazakhstan’s Oil and Gas Ministry plans to implement a package of measures, including increasing the ration of oil production, carrying out measures on innovational development, and establishing a research support infrastructure.

    What does this mean for UK SMEs?

    If your SME could hold the key to resolving some of the issues faced in the energy sector in Kazakhstan right now or to improving production efficiency,  potential to become a part of the success story is immense. With the right advice, tapping into the export market to Kazakhstan could transform your business.

    Contact us today if your SME is ready to take the next step.

     

    Posted in: Opportunities for SMEs, Recent Developments

  • On to Aktau!

    Posted 22/05/2014

    From Kazopp MD, Graham Potts in Kazakhstan

    Fantastic meetings with Wood Group, Fluor, Worley Parsons, Shell and TCO in Atyrau – all very good contacts, busy promoting suppliers.  Flying south today to Aktau for more meetings with contacts!

    Aktau

     #opportunities for SMEs in Kazakhstan!

    Posted in: Opportunities for SMEs

  • Great Craic in Kazakhstan!

    Posted 21/05/2014

    From Kazopp MD Graham Potts in Atyrau, Kazakhstan

    On the second day of the Shell/UKTI UK Kazakhstan Supply Chain Forum, been busy making and meeting  good contacts. Should also mention great craic with the guys in Champions Bar at the Renaissance Hotel and Joys Bar just across the road…!

    #Enjoying doing business in Kazakhstan!

    Posted in: Opportunities for SMEs

  • Tuesday update from Atyrau

    Posted 20/05/2014

    From Kazopp MD Graham Potts, in Atyrau, Kazakhstan

    The weather continues to be hot here in Atyrau, 30°C again yesterday. The main bridge from the airport to the city is closed for a couple of months, adding to the traffic chaos as the working week began here.

    Atyrau bridge at sunset

     

     

    Business is motoring ahead however – good meetings yesterday with Denholm Zholdas, Wood Group, Worley Parsons and TCO,

    There is a wealth of opportunity here if you come with a long term mentality, including training and localisation.

    The Shell/UKTI UK Kazakhstan Supply Chain Forum starts today. It will feature important new initiatives to improve commercial conditions and the business environment for companies doing business and operating in Kazakhstan.

    All good news for potential exporters to the country!

    Posted in: Opportunities for SMEs