...type-written assignment Student: Aliaskar Batyrbek Student ID: NE/WICKL/UWIC/BABS/1011/0117 Assignment Topic: An investigation study of development of oil and gas industry in Kazakhstan Table of Contents 2 Introduction 4 2.1 Country Profile 4 2.2 History of industry 4 3 Research Objectives 5 4 Literature Review 6 4.1 Geographic Factor 6 4.1.1 Major Oilfields 8 4.1.2 Export Operating Pipelines 9 4.2 Government Policies 11 4.3 Financial Factor and R&D Factor 12 4.4 Market Prospects 14 4.4.1 Market players 14 4.4.2 Production 15 4.4.3 Consumption 16 5 Research Methodology 18 6 Time Scale / Gantt Chart 19 7 References 20 Figure 1 4 Figure 2 (KMG, 2012) 5 Figure 3 (BP, 2012) 5 Figure 4 (European Dialogue, 2012) 6 Figure 5 (BP, 2012) 6 Figure 6 (CIA, 2012) 8 Figure 7 (Centre for Global Energy Studies, 2012) 9 Figure 8 (Centre for Global Energy Studies, 2012) 9 Figure 9 (The Agency of Statistics of the Republic of Kazakhstan, 2012) 10 Figure 10 (S. Arkhipov., W. Brennan., G. Elfond., N. Lv., A. Omarova., 2010) 12 Figure 11 (BP, 2012) 14 Figure 12 (BP, 2012) 14 Figure 13 (BP, 2012) 15 Figure 14 (BP, 2012) 15 Figure 15 (EIA, 2012) 15 Figure 16 17 Figure 17 18 Introduction Country Profile Kazakhstan is a country, located in Central Asia. It is the largest landlocked...
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...International Business Project Economics of Kazakhstan: For most of the country’s history, nomadic people have inhabited Kazakhstan, but until recently the country has been strategically building its economy. The country is rich in oil and has been improving its drilling production after gaining independence in 1991. Oil production is estimated to reach about 2 million barrels per day by 2020. An estimated 4 billion tons of crude oil is recoverable and Kazakhstan also contains an estimated 15% of the worlds’ supply of Uranium and is currently the largest producer of the commodity. These two factors play a significant part in the country’s overall GDP and are its largest exports. By 2015, Kazakhstan is expected to be the tenth largest supplier of oil in the world. The country’s GDP is valued at 186.4 billion with a 7.5% growth rate, oil counting for 24% of the GDP and 65% of overall exports. Kazakhstan received a rating of 68 in the world for economic freedom following Portugal at 67. The economic freedom index ranks countries based on 10 different categories involving economic freedom: Property Rights, Freedom From Corruption, Business Freedom, Labor Freedom, Monetary Freedom, Government Spending, Fiscal Freedom, Trade Freedom, Investment Freedom, and Financial Freedom. Since last year they have experienced decreases in half of these categories, which is why their rating is slightly lower than last year. Because oil prices are continually rising, Kazakhstan’s...
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...Introduction Oil and gas industry of Kazakhstan is the largest and most dynamic industry, which provides a stable increase in crude oil and natural gas. In the Kazakhstan sector of the Caspian Sea, there is continuing evaluation of public oil and gas fields with large reserves of hydrocarbons. Potential hydrocarbon of the Republic of Kazakhstan is estimated sufficiently significant in the total world reserves. Kazakhstan holds big hydrocarbon reserves, including potentially the second largest oil reserves in the world (US Energy Information Administration). According to official data from the Ministry of Oil and Gas of Republic of Kazakhstan, confirmed hydrocarbon reserves, both onshore and offshore, are estimated to be 4.8 billion tons or more than 35 billion barrels for 2012. Kazakhstan possesses unique geographical features that lead the country’s oil and gas cluster to be spread throughout the entire country, instead of one specific geographical area. Around 70% of Kazakhstan’s oil and gas reserves, both onshore and offshore, are concentrated in Western Kazakhstan around the city of Atyrau. Some oil reserves are also located in Southern Kazakhstan but the prospects for new discoveries there are not very promising (US-Kazakhstan Business Association). The majority of hydrocarbon reserves are located in the oil- and gas-rich regions of Kashagan, Tengiz and Karachaganak. The discovery of the Kashagan Field in 2000 is considered to be the largest oil field...
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...than 70 years (1918-1991). The boundaries of modern independent states was clearly identified in this period. The composition of the economic regions of the USSR changed in line with the objectives of improving the management and planning of the economy in order to accelerate and improve the efficiency of social production. It means that the economy of one particular division was narrow directed. For instance, Uzbekistan became the main supplier of cotton in the region. It leaded to the reformation of the irrigation system of Central Asia and great expansion of irrigation canals. As a consequence of short-sighted politics in relations of water, the Aral Sea had experienced numbers of serious problems that are not resolved even till now . Kazakhstan also became a victim of politically repressive Soviet regime with its flour specialization. The economies was severely affected by the collapse of the Soviet Union and the resulting loss of their vast market. However, the Soviet period has also some advantages in the life of Central Asian countries. The realization of the road and railway infrastructure project started its existence when five states were the parts of the USSR. In spite of the fact that the ethnic diversity was disregarded during the Soviet period, the education had big importance and was raised on the higher level. Moreover, as the boundaries of the countries were conditional, there was a free movement of goods and people on the whole territory of the Union. After...
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...Administrative organs in Kazakhstan. Table of Contents 1. Introduction 2. Legal System of Kazakhstan 2.1. Constitution of the Republic of Kazakhstan 2.2. Constitutional Laws 2.3. Codes 2.4. Other Normative Acts 3. State Order in the Republic of Kazakhstan 3.1. Presidency 3.2. Parliament 3.3. Government 3.4. Constitutional Council 3.5. Judicial Authority 3.6. Local Public Administration and Self-Administration 1. Introduction The Republic of Kazakhstan is a transcontinental country located in Central Asia and Eastern Europe. The territory covers 2, 7 million square kilometers and country is ranked as the 9th largest territory in the world. It is neighbored clockwise from the north by Russia, China, Kyrgyzstan, Uzbekistan, Turkmenistan and also borders on a significant part of the Caspian Sea. The population is approximately 17 million people, including Kazakh, Russian, Uyghur, Ukrainian, Uzbek, and Tatar. Approximately 63% of the population consists of Kazakhs. The capital city was Almaty up until 1997, when it was changed to Astana. The official state language is Kazakh. In state institutions and local self-governing bodies, Russian language is used on equal grounds with the Kazakh language. According to the 2009 census, 70.2% of the population is Sunni Muslims, followed by 20.6% Orthodox Christians, 0.1% Buddhists, 0.2% others (mostly Jews), and 2.8% non-believers. The Kazakh khanate was formed in the 15th century and had 3 tribal divisions...
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...1-4 NOVEMBER 2011 Almaty, Kazakhstan www.worldfood.kz The 14th Central Asian International Exhibition WorldFood Kazakhstan 2011 – FOOD INDUSTRY Post Show Report PAVILION 11 – Food, Drinks Equipment and Technologies Ingredients, Supplements, Spices Packaging, Tare and Labels Official Support Ministry of Agriculture, Republic of Kazakhstan KAZAGRO National Managing Holding Kazakhstan Union of Farmers Kazakhstan Union of Poultry Farmers Meat and Dairy Union of Kazakhstan Almaty City Administration Official Exhibition Opening Ceremony 1 At the Official Opening Ceremony, guests and exhibitors were greeted by: 1. Saken KALKAMANOV – Press Secretary, KAZAGRO National Managing Holding 2. Ruslan SHARIPOV – President, Kazakhstan Union of Poultry Farmers 3. Nelli SALIKHANOVA – Deputy Chairperson, Kazakhstan Union of Farmers 4. Wieslaw Osuchowski – Titular Ambassador, Polish Consul General in Kazakhstan 5. Vladislav KLOCHKOV – Consul Advisor, Russian Consulate General in Almaty 6. Vyacheslav KRASIENKO – Bishkek City Vice Mayor 7. Yuri BORODIKHIN – Executive Director, Iteca LLP Exhibition The total exhibition area of WorldFood Kazakhstan 2011 was 5,893.2 sq. m (in 2010 – 5,007.6 sq. m). Traditionally, four exhibitions were presented: WorldFood – Food and Drinks, WorldFoodTech – Equipment and Technologies, Ingredients – Ingredients, Supplements and Spices, and KazUpack – Packaging, Tare and Labels. All topics were subdivided into sections and pavilions. Simultaneously...
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... |call.centre@airastana.com | 51% | Air Astana was incorporated in late 2001. Its maiden flight was on 15th May 2002 from Almaty to Astana, the capital of Kazakhstan. The inaugural was attended by President Nursultan Nazarbayev and Sir Richard Evans, representing the two shareholders, the Government of the Republic of Kazakhstan and BAE Systems PLC of the UK. These shareholders remain committed partners in the airline, with the Government holding a 51% share through its Samruk-Kazyna National Welfare Fund, and BAE Systems PLC holding 49%. Operating to the highest standards Air Astana is one of the airlines in Kazakhstan to maintain its fleet to audited EU EASA 145 standards. In 2011 it was admitted to the register of the IATA Operational Safety Audit (IOSA). Growing the fleet Today the airline operates a fleet of 26 western aircraft with an average age of 11 years for its aircraft, close to 50 domestic and international routes. Its passengers are served by 3,500 highly-qualified staff, the majority of whom are from Kazakhstan, supplemented by experienced foreign personnel. Since autumn 2005 the Air Astana team has been headed by Peter Foster, an airline executive with more than 25 years’ experience, who reports to the Board of Directors. Financials (not audited) |(Amount in KZT thousands) |2008 |2009 |2010 |2011H | |...
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...Internship Report July-August 2015 At LLP “Қазақстан Zaman” Student: Assel Nakypbekova Course: 4 Department :Accounting and audit Supervisor from SDU : Tleubayev Alisher Practical supervisor :Isayeva Aiman (Chief accountant of “Қазақстан Zaman”) Contents 1.Introduction 2. Description of the internship 2.1 The description of the organization“Қазақстан Zaman 2.2 Internship activities 3. Reflection on the internship 4. Conclusion Introduction This report is a short description of my two month internship. The internship was carried out within the organization “Қазақстан Zaman” in 2015. This internship report contains my activities that I have contributed to achieve a number of my stated goals. In the following chapter a description of the organization “Қазақстан Zaman” and the activities is given. After this a reflection on my functioning and the learning goals achieved during the internship are described. Finally I give a conclusion on the internship experience according to my learning goals. Purpose of Internship To provide an opportunity for practical application of classroom theory in professional field work, and to provide practical experience for university students who are contemplating the accounting area as their career field. Objectives : 1. To provide the student with insight into the practical aspects of an organization’s operation through observing and participating in day-to-day activities. 2. To acquaint the student with individuals...
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...Kazakh National Al-farabi University Physics-technical faculty REPORT The theme: My university Fulfilled by: master’s student of specialty Power Engineering Mukhanova NazymZeynollakyzy Checked: senior lecturer GumarovaSholpanBilashevna Almaty 2015 My university is Al-Farabi Kazakh National University, also calledKazGU or KazNU. Kaznuis one of the oldest and most established universities in Central Asia, Kazakhstan, Almaty. Named after the Muslim scholar al-Farabi, it is the country's primary and largest university. KazNU is the oldest classical university of the Republic established by the Decree of the Kazakh Regional Committee (KRC) office dated November 13, 1933. One year after Kazakhstan's 1990 declaration of independence, the name was changed to Al-Farabi Kazakh State University. In 2001, the government classified it as a "national" university. More than 20000 students, graduates and PhD students study at KazNU, and there are more than 2500 faculty members working at KazNU, including 400 doctors of science, professors and more than 800 candidates of science and associate professors. Like other universities founded under the Soviet system, it is highly centralized. January 15, 1934 is the day of the official opening of Kazakh State University, which was established at the basis of the Pedagogical Institute by the decree of the Council of Peoples’ Commissars of USSR and VKPb Kazakh regional committee. On December 2 of the same year KazSU...
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...Moscow’s policies within its “sphere of influence” have not be static, and have been characterized by sweeping modifications. Since the breakup of Soviet Union, Russian policy in Central Asia has gone through drastic transformations and its influence in the region has varied over time. At present, Russian authority in Central Asia is weakening, yet the Kremlin continues to utilize number of political, institutional and economic strategies to prolong its presence there. Multilateral as well as Bilateral arrangements, and economic and energy leverages combined with cultural instructions are widely implemented in order to maintain Russian influence in Central Asia. Considering the fact that states in the region most importantly though not solely Kazakhstan, have begun to search for diversification and partnership with other great powers, they have gained a certain degree of independence from Moscow. Besides, in recent years China has emerged in Central Asia as an important rival to Russia in terms of influence, and has already established multiple agreements and investments with all of the states in the region. The degree of independence that Central Asian states have managed to gain due to their conviction to act separately from Moscow and to grab Western opportunities, as well as the Chinese presence in the region, suggest that Russian influence there is decreasing and will continue to do so in the near future. Russia has not lost its ambition to remain the main player in Central Asia...
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...Karakalpakstan Kayla Woodhouse Summer, 2015 Introduction The Aral Sea has been a source of jobs, stability, and nutrition for centuries. But since the time when Uzbekistan was under the control of the Russian government – the Union of Soviet Socialist Republics, also known as USSR and the Soviet Union – the region has experienced many difficulties. The Aral Sea was once the fourth largest lake in the world, but it has shrunk in tremendous proportions causing many effects such as pollution, temperature fluctuations, and disease. In this paper, six of the nine thematic concepts of geography are examined in Uzbekistan, and specifically in the region around the Aral Sea, Karakalpakstan. The topics covered are society, politics, environment, economy, culture, and history. History The history and story of Uzbekistan is an essential part of Central Asian development. Until the mid-1920s, the region of Uzbekistan and its neighboring countries was called Turkestan. After the campaigns of Alexander the Great during the 330-320s BC, Uzbekistan (then Turkestan) became a major trade center because of its location and the emergence of the Silk Road. In the 900s, Turkestan became deeply rooted in the Muslim religion. In the second half of the 19th century the Russian empire had conquered much of the region. Cotton became a major crop in both rural and urbanized areas. But many people were dissatisfied with the Russian rule and revolted. By 1916,rebellions – both large and small –...
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...[pic] CHINA’S POLICY TOWARDS CENTRAL ASIA Muddassir Ali Khan M.A International Relations 2010-12 Abstract The emergence of five central Asian states Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan is result of the disintegration of Soviet Empire. These states are full of natural resources like gas and oil. They have adopted “open door policy” to exploit the enormous wealth of natural resources .They engineered this policy to ensure internal development, strong economy and better foreign relations. In this regards her neighboring country china also there to fulfill the huge needs of energy, to contain U.S. influence in this region, counter terrorism, and make this region as strong economic market, china’s make better policies to achieve these goals and try to enhance better relations with these Central Asian States. The disintegration of Former Soviet Socialist Republics (USSR) in 1991 and the five independent central Asian republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan opened up phenomenal opportunities for china to exercise its influence in the central Asian region. These states attracted the world, primarily for its vast energy resources and other raw materials. The geo-economic and geo-strategic im to enhance its economic ability, strengthen its security to fulfill the Chinese principle of foreign policy...
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...Over the last few years Kazakhstan has implemented foreign policies aimed to improve relations with a vast array of new geopolitical actors, besides common partners such as Russia, on which the Central Asian country was formerly heavily dependent. Using its huge potential in the hydrocarbon industry, Kazakhstan has managed to rise above all other Central Asian states in terms of political and economic importance and has turned its eyes to China as an important and powerful partner for cooperation in the economic, political, and security spheres. This article on Kazakhstan and China was written by Fabio Belafatti, and originally published by our knowledge partner "Equilibri" at the following address: http://www.equilibri.net/nuovo/sites/default/files/focus_belafatti_china%20kazakhstan.pdf The “Kazakh path” (with its contradictions) and Kazakh-Chinese relations In recent years Kazakhstan has become an important actor in regional international relations in Central Asia. The country's improvements have been underscored by international observers in many occasions. It is undeniable that compared to the rest of the region, Kazakhstan shows much higher levels of development. In purely macroeconomic terms, Kazakhstan’s economy is the largest in Central Asia and has shown very high growth levels for many years, recovering very fast when hit by the world economic crisis. In broader terms, Kazakhstan’s success is underscored by the fact that it is the only country in the region...
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...You’re Name -----> Don’t write your name here Professor Course 27-Sep-15 Capital Budget Analysis On 18th June, 2015, The Ritz-Carlton Hotel Company, L.L.C. along with Verny Capital, a Kazakhstan based private investment group, have signed a mutual agreement for the establishment and development of The Ritz-Carlton based in Astana. The luxury hotel is going to be opened in the year 2017 as the second hotel in Kazakhstan of the group’s portfolio, with The Ritz-Carlton, Almaty formerly commencing in 2013. The Ritz-Carlton, Astana is going to be the unique international luxury ownership among hotels in the Kazakhstan, carrying its isolated target service values, with comfortable lodgings and experiences to the Kazakh city. Being Situated in the famed project of Talan Towers, the hotel is to be designed to lodge 20 floors of the 27 partition constructed by New York based SOM architects. With 157 extravagant guest rooms along with suites, the hotel residents can also avail Ritz-Carlton Club accommodation with special access to a Lounge of the Club. Restaurants at the property will comprise of a Sky Bar in addition to a restaurant, private dining areas and Cigar Bar. Business class and business meeting services at the hotel includes a Ballroom spread to an area of 990 square meter, constructed for covering social events in addition to personal/business conferences, breakout rooms and also board rooms. The Group has about US$4 billion of capital under supervision. The project is expected...
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...China and Eurasia Forum Quarterly, Volume 7, No. 1 (2009) p. 47-59 © Central Asia-Caucasus Institute & Silk Road Studies Program ISSN: 1653-4212 China-Central Asia Trade Relations: Economic and Social Patterns Sadykzhan Ibraimov* ABSTRACT The aim of this article is to study China’s economic presence in Central Asia and its main involvements in raw materials, transport routes, opening of markets and free economic zones, and small and medium-scale projects. It must be noted that over the years from 1992 to 2007, the highest trading volumes were between China and Kazakhstan, which represented from 80 to 86 percent of all Chinese-Central Asian trade. This growing economic cooperation has a social impact on the development of a Central Asian business diaspora based in Xinjiang. China also demonstrates its capacity to use local corruption schemes and internal Central Asian weaknesses in its own interests: From the earliest years of independence, smuggling with China, especially the export of metals and the import of consumer goods, has proved to be a very profitable venture for Central Asian high-level officials. Keywords • China-Central Asia Trade • Xinjiang • Business Diaspora • Shuttle Trade • Corruption Introduction The main difficulty in the study of economic relationships between China and Central Asia is the lack of reliable or complete information. Many reasons can explain this fact. The Central Asian states, first of all, do not publish information...
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