KAZAKHSTAN’S OUTLOOK-2: Kazakh E&P contracts, pipelines evolve but refining in doldrums

Mark J. Kaiser, Allan G. Pulsipher - Louisiana State University, Baton RougeThe government of Kazakhstan recognizes the need to develop policies and reforms that support sustainable growth and has sought to diversify the transport infrastructure of the country and the connectivity of the region.In Part 2 of this three-part article, we review the contracts used in Kazakhstan for exploration and production, summarize a medium-term outlook for the country, and describe the current status of the pipeline infrastructure. Highlights of Kazakhstan’s refineries and refined product consumption are also presented.Contract typesMany styles of contracts govern the E&P arrangements in Kazakh...

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