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№ 5 (49), 2011 - KazEnergy

№ 5 (49), 2011 - KazEnergy

№ 5 (49), 2011 - KazEnergy

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kazenergy forumWorld mass-media'spoint of viewLeading mass media from all over the worldgathered at one of the biggest events of theglobal energy industry - the VI KAZENERGYEurasian Forum. Authoritative experts and VIPspeakers discussed such topics as energy scenariosand forecast resources of hydrocarbonraw materials, strategic priorities for oil industrydevelopment, development of renewable energysources. The Forum work was highlighted by thelargest international editions and TV channels.We offer you the overview of key world Medias.The international edition of «The New YorkTimes» - «International Herald Tribune»newspaper published volumetric articleentitled «Kazakhstan on the world stage:the KAZENERGY Eurasian Forum». JournalistCharles van der Leeuw, calling Kazakhstana key supplier of oil, gas, coal and uranium,specifies that the country takes the secondplace among the CIS countries on attractionof investments, after Russia and ahead ofBelarus and Azerbaijan. As evidence theauthor gives statistics, which implies that thecapital investments over the first half of <strong>2011</strong>reached $ 13 billion, and in 2010, Kazakhstan'seconomy was estimated at 21.8 trillion tengeor about $ 150 billion.The author tried to analyze the reservesof mineral resources and routes oftransportation of hydrocarbons. «At theKAZENERGY Eurasian Forum, held Oct. 4 and5 in Kazakhstan’s capital, Astana, KairgeldyKabyldin, the chairman of Kazakhstan’s stateoil and gas company, KazMunaiGas, presentedthe achievements of the country’s oil and gassector in the past two decades. Accordingto Kabyldin, in 20 years of independenceoil export volumes have increased from 13million to 71 million tons per annum, 4 000kilometers of pipelines were built. By 2014,oil production is expected to reach 85 milliontons, and oil exports 75 million tons» - hewrites. The correspondent of the newspaperalso recalled that Kazakhstan is sitting on 15percent of known world reserves of uraniumand 4 percent of coal. The author analyzes thewelcome speech of the Prime Minister KarimMassimov, in which the head of governmentsaid that Kazakhstan and all other stateseven now must think about the post-oil era."Kazakhstan is preparing for 10 to 20 yearsfrom now, when its oil production will reach itspeak, and beyond. That was the main messageof Karim Massimov’s speech ", - writes Charlesvan der Leeuw.In his opinion, the VI KAZENERGY EurasianForum delegates acknowledged that no onetype of energy sources can independently meetthe needs of the population. «Participantsagreed that alternative sources of energyshould no longer be seen as competitors to oiland gas, but should be complimentary to themand contribute to energy security around theglobe" - sums up the journalist.The «Financial Times» newspaper publishedan article by editor of energy section SilviaPfeiffer, who moderated exclusive conferencedinnernamed "Kazakhstan on the energymap of Eurasia", and, respectively, had theopportunity to talk with Kazakhstani as well asforeign experts.«Twenty years after gaining independencefrom the Soviet Union – the anniversary fallson December 16 – Kazakhstan is today centralAsia’s most successful economy. The world’sinternational oil majors, from Chevron andBG group to Eni, have gathered in the country,intrigued by the promise of its mineral wealth.The International Energy Agency estimates itsproven oil reserves at 40bn barrels. Foreigndirect investment totals more than $100bn»,- the author tells. She recalls 2008, whenbetween a consortium of foreign companiesand the government it was resolved a disputeover Kashagan field, and draws parallelswith the present situation regarding theKarachaganak gas field. «The government isconsidering acquiring a 10 per cent stake forbetween $700m and $1.1bn ahead of a thirdphase of development of the project throughKazMunaiGas». The company is owned bySamruk-Kazyna, the country’s sovereign wealthfund. «We plan to resolve all of the outstandingissues in the near future (on Karachaganak)…All of those very big projects that require a lotof investment, we have no chance but to agreeon how to move forward. We are doomed toagree», - Mr. Kulibayev told the Financial Timesin an interview. But Karachaganak, he added,was «a successful project» that has alreadyattracted a lot of investment» - written in thearticle. The author also gives the views of expertsof PFC Energy, which said: "Karachaganak is theonly big foreign oil development in Kazakhstanwithout state participation. It was obvious thatKazMunaiGas would at some point come in».30 № 5 (<strong>49</strong>), <strong>2011</strong>

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