Brief introduction to Kazakhstan Petroleum Association (KPA)
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Transcript of Brief introduction to Kazakhstan Petroleum Association (KPA)
Brief introduction to Kazakhstan Petroleum Association (KPA)
Ole UDSEN
Vice Chairman KPA
• Kazakhstani legislative/administrative developments since World Bank Gas Flaring Conference in Astana 2005–New law provides for existing fields to file gas flaring
elimination by 1 July 2006–New fields to incorporate gas flaring elimination into
design–Administrative practice seems to allow pilot flares for
safety purposes–Gas flaring reduced or stagnant, but so is oil production–New environmental/technical fines introduced for a.o.
flaring and reservoir management issues may be counterproductive
• Commercially viable gas –Petrochemicals. A commercially viable venture?
–Exports to/through Russia, prices on the increase
–Exports to China?
–EU intent on circumventing Russia (revive Transcaspian gas pipeline)
–Do we need a gas master plan? Do we get inefficient solutions with present legislation and infrastructure?
Thank You!!!