KazEnergy chairman details Kazakhstan oil, gas development

10/22/2012
Timur Kulibayev, former first vice-president of state oil company KazMunaiGaz (KMG) has been chairman of oil, gas, and energy association KazEnergy since it was founded in 2005. He talked with Oil & Gas Journal regarding Kazakhstan's oil and gas development plans during the KazEnergy Eurasian Forum earlier this month in Astana. Kazakhstan has the second largest oil reserves and production among former Soviet Union republics after Russia, producing 1.6 million b/d in 2012, according to the US Energy Information Administration. Kazakhstan's natural gas production is also significant, reaching 1.3 tcf in 2010, but the vast majority of this gas is reinjected into oil fields to enhance pro...
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