PETROLEUM. Analytical journal. New projects, fields’ development, production, processing and transportation of oil and gas, presentation of the companies, statistics on the production of hydrocarbons, monitoring of investment legislation.

Staff Transfers: a Run is Going On

Daniyar Ashimbayev, the well-known Kazakhstani political scientist, editor-in-chief of Kazakhstan Biographic Encyclopaedia, in an exclusive interview to Petroleum makes comments on the recent structural and staff transfers in Kazakhstan

- Daniyar, what is the reason, in your opinion, for the present transfers in the system of executive power and akims corps? When the situation, as they say, has ripened?

Lateral Movement at Каshagan

ConocoPhillips, an American oil company which has ranked, under the 2012 results, 12^th in the rating of Fortune Global 500, leaves the Kazakhstan market. On the eve of the new year, the company has declared about the sale of its share in the Kashagan consortium, and on January 25, 2013 has completed the deal on the sale to the national company KazMunayGasof a 24.5 % interest in the prospective offshore project N (Nursultan) in the southern part of the Caspian Sea.

Generic Basin Analysis

Identifying new resourses in increasingly challenged environments

Comprehensive investigations from global to microscopic scales

Scientific rigir to collect, analyze and integrate all critical data

Explain and predict hydrocarbon distribution in space and time

Problems with Obtaining Refunds from the Budget of Excess VAT Accumulated During Mineral Exploration

Lately, obtaining a refund of value added tax (VAT) incurred in connection with the export of goods has been a pressing issue. Despite the fact that the tax legislation clearly regulates the procedure for refunding excess VAT from the budget, in practice there are various obstacles for taxpayers. This article focuses on the amount of excess VAT accumulated during the exploration period prior to the export of minerals.