Astana may tender out smaller oil fields this year

May 27, 1999 02:00 AM

Anvar Saidenov, the head of the Kazakh Investment Agency, has said that Astana might offer a number of "second- or third-tier" oil fields to foreign partners this year in the hope of boosting investment.He did not name any specific fields. Most of the country's major and promising hydrocarbon deposits have already been farmed out to outside investors, he remarked.

Saidenov also commented that Kazakhstan's campaign to attract $ 1 billion in foreign investment this year might run into difficulties because the country's most attractive assets have already been sold off. He further remarked that fuel prices had become an issue of concern with regard to oil companies and the domestic market.

Source: NewsBase
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« February 2019 »
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28

Register to announce Your Event

View All Events