Idenov: Block “N” key deal for Kazakhstan

Idenov: Block “N” key deal for Kazakhstan


Last week, in Astana, an agreement on development of one of the most promising blocks in the Kazakhstan sector of the Caspian shelf, Block “N”, was signed. The specialists regard this event as a landmark in the former Soviet republic’s oil industry. For the first time since the dawn of its independence, Kazakhstan has signed an oil field development contract with foreign investors on non-discriminatory terms. On June 11, Kazakh national company KazMunaiGas (KMG), ConocoPhillips...


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