Iranian oil threatens Kazakh market share, income

PHOTO/ANATOLY USTINENKO/FILES

A pipeline that carries crude oil from the giant Tengiz oil field in resource-rich but landlocked Kazakhstan to the Russian Black Sea port of Novorossiisk.

Tehran is expecting to double oil exports in six months and increase them in the future


ASTANA - Today the power situation in the world is changing due to many factors, mainly, political. It makes such countries as Kazakhstan to think seriously, because its well-being mostly depends on oil production.

Let’s consider one of the Central Asian republics – Kazakhstan, which tries to get into the number of the world largest oil and gas producers due to its rich subsoil.

As known, the negotiations of the “six” of international mediators (the US, Germany, the UK, Russia, France, Chi...


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