The 1st Biannual International Exhibition for the Responsible Economic, Social & Environmental
Development of Oil & Gas Resources in Republic of Kazakhstan.
The Kazakhstan Economy
Kazakhstan is located in Central Asia and is the 9th largest country in the world. It occupies more land than Western Europe, and is the business center of 56 million Central Asians. It is immensely rich in natural resources particularly oil & gas
Due to its vast oil resources and liberal economic policies, since 2000, the Kazakhstan economy has been growing at more than 9% per year, which means that it has been growing faster than Russia and has been the fastest growing economy in the CIS for the last 5 years.
In addition, the local currency has been stable for more than five years, inflation is less than 7%, unemployment is about 8%, government tax revenues are increasing, gold and foreign exchange reserves are almost US$ 9 billion and the new National Fund established to handle the surplus oil tax revenues has a current balance in excess of US$ 27 billion (December 2007)
Kazakhstan Oil & Gas Industry
Kazakhstan produced approximately 1.29 million barrels per day (bbl/d) of oil in 2005 and consumed just 222,000 bbl/d, resulting in net exports of over 1 million bbl/d. The Kazakh government hopes to increase production levels to around 3.5 million bbl/d by 2015. This would include approximately 1 million bbl/d from Kashagan, 700,000 bbl/d from Tengiz, 600,000 bbl/d from Kurmangazy, and 500,000 bbl/d from Karachaganak. Once this objective is reached, Kazakhstan will move from being the world’s 14th largest net exporter, to be the world’s 4th largest exporter after Saudi Arabia, Russia and Norway.
Major Oil Fields
Tengiz
The Tengiz field is located in the swamplands along the northeast shores of the Caspian Sea and recoverable crude oil reserves have been estimated at 6-9 billion barrels by consortium member Chevron. Tengiz has been developed by the Tengizchevroil (TCO) joint venture (ChevronTexaco 50%, ExxonMobil 25%, Kazmunaigaz 20%, LukArco 5%) since 1993.
Karachaganak
The Karachaganak oil and gas/condensate field is located onshore, in northern Kazakhstan, near the border with Russia's Orenburg field . Karachaganak is being operated by Karachaganak Petroleum (KPO), a consortium including BG Group and Eni of Italy (each with a 32.5% interest), Chevron (20%), and LUKOIL (15%)
Kurmangazy
Located on the maritime border between Russia and Kazakhstan, the Kurmangazy field is the least developed of Kazakhstan's upcoming oil field developments. Russia and Kazakhstan signed a new $23 billion PSA agreement for the 7.33 billion barrel Kurmangazy oil field in July 2005.
Oil Exports
Kazakh oil exports are growing rapidly, with current infrastructure delivering it to world markets via the Black Sea (via Russia),
the Persian Gulf (via swaps with Iran), to the north pipeline and rail (through Russia), and now to the East to China.
Oil & Gas Kazakhstan is an informational exhibition allowing International Oil Companies to showcase their successful exploration and development of complex oil & gas resources.
However, it is also an opportunity to demonstrate to Kazakhstan government oil & gas officials the social & environmental programs that demonstrate their socially responsible, positive impact on their host countries.
Oil & Gas Kazakhstan-2009
MAJOR EXHIBITION THEMES
Current exploration technologies and their impact
Current production methods and their impact.
Current transportation methods and their impact
Social programs currently in progress in Kazakhstan
Social programs successful used internationally
Environmental programs in progress in Kazakhstan
Environmental programs in successfully used internationally
Consulting services
Magazines & associations
Government organisations & embassy's
Exhibition Venue
The exhibition is being held at the new World Trade Center Astana.
This is a brand new, modern exhibition center located on the central square of Astana, less than a 100 meter walk from the offices of the
Ministry of Energy & Mineral Resources of the Republic of Kazakhstan, and the headquarters of KazMunaiGas.
It is also less than 300 meters from the Presidential Palace.
Oil & Gas Kazakhstan 
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