KAZAKHSTAN - KazEnergy.
Fourteen new members in May 2006 entered the KazEnergy Association.
Among them are such IOCs as Chevron, Shell, ENI, Total, LUKoil,
PetroKazakhstan, StatoilHydro, Repsol/YPF, JSC ??zMunayTeniz, . . .
KAZAKHSTAN - Uzakbay Karabalin.
A petroleum expert, Karabalin is CEO of KMG EP. Until June 2006, he
had been chairman of KMG's board of directors since February 2002.
In March 2003, he became KMG's president, succeeding Kiinov . . .
KAZAKHSTAN - Timur Kulibayev.
An intelligent and ambitious President and CEO of the KMG Holding
since June 2006, Kulibayev is married to President Nazarbayev's
second daughter Dinara. Until his promotion, he used to be . . .
KAZAKHSTAN - Aslan Musin.
A Deputy PM since early 2007, Musin until then was economics
minister in the government of Daniel Akhmetov, who now is defence
minister. Musin works closely with PM Masimov in overseeing the . . .
KAZAKHSTAN - The Decision Makers Of Kazakhstan.
Decision making in Kazakhstan is concentrated in the hands of one
man, the president of the republic, and a small number of persons around
him aided by experts. The process follows presidential . . .
KAZAKHSTAN - Shimkent Refinery.
The Shimkent plant, in south-eastern Kazakhstan, has a capacity of
160,000 b/d and is the most modern of the country's three plants.
Under a deal signed in 2006 with China's state-owned CNPC, KMG . . .
KAZAKHSTAN - Pavlodar Refinery.
Located in northern Kazakhstan near the Russian border, the
Pavlodar refinery is the biggest in the country with a capacity of
162,666 b/d. It is one of the most advanced in the Central Asian . . .
KAZAKHSTAN - The Atyrau Refinery.
On Dec. 29, 2004, KMG EP got a controlling 50% equity in the
104,427 b/d Atyrau refinery and its petrochemicals producing units,
including its polypropylene plant and the Aktau plastics plant. . . .
KAZAKHTSAN - Kazakhstan's Oil Refining Sector & Other
Industries.
Kazakhstan has three oil refineries - at Pavlodar, Shimkent and
Atyrau - with a combined nominal capacity of 427,093 b/d. But their
actual operating capacity is less than 350,000 b/d. A law issued . . .
YEMEN - Zink Mining Venture.
UK mining company ZincOx in January 2008 started work on its
22-month, $176m project to build Yemen's first industrial-scale
mine. ZincOx, which manages the mine through its project company . . .
The UAE Economic Base.
The UAE Economy Ministry on May 2 said currency pegs and high oil
and food prices were compounding inflation but warned that exchange rate
and other tools should be treated with more caution. The . . .
The Sharjah Gas Market.
Now producing 800 MCF/day of gas, Sharjah has enough reserves to
meet domestic requirements for the foreseeable future. The main E&P
operator, BP Sharjah, produces 650 MCF/day of gas and 30,000 b/d . . .
The GCC Power Grid.
The Gulf Co-operation Council (GCC) states recently invited bids
for the final phase of a project which links their electricity stations
in a single grid, following completion of the first two . . .
The Gas Market.
Demand for natural gas in the UAE has risen sharply in recent
years. Now the demand-supply gap in the UAE is 1,500 MCF/day, with
expensive liquid fuels making up for the shortfall. Khaled . . .
The Energy Consumption Pattern.
Primary energy consumption in the UAE, so far only consisting of
oil and natural gas, has risen from about 34.9 million tons per year of
oil equivalent (t/yoe) in 1993 to 52.7m t/yoe in 2005. In . . .
The Local Energy Market.
The UAE's energy consumption is growing at an average rate of
10% per annum, more than double the global growth of 4%. Growth of
Dubai's energy usage is the highest in the UAE at 15%, Abu Dhabi . . .
The Energy Base Of Dubai & Other UAE Emirates.
The UAE has one of the most dynamic economies in the Middle East.
The leading emirate, Abu Dhabi, is by far the wealthiest of the seven
union members in oil and gas as well as in money - with the . . .
Turkey - Kemal Unakitan.
The Finance Minister since the AKP came to power in late 2002,
Unakitan on May 3 outlined a multi-billion dollar public spending
programme, easing fiscal policy ahead of a new, probably much . . .
Turkey - Abdullatif Sener.
As Deputy PM for Economics, Sener has been trying to speed up the
privatisation process. He cites Margaret Thatcher, the former British
PM, as his inspiration for vowing to complete overdue . . .
Turkey - The Top Economic & Financial Decision
Makers.
AKP leader and PM Recep Tayyip Erdogan has gathered around him a
group of prominent economists and financiers acting as advisers. In his
cabinet, he has similar technocrats playing the key role . . .
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