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Brief introduction to Kazakhstan Petroleum Association (KPA) Ole UDSEN Vice Chairman KPA
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Brief introduction to Kazakhstan Petroleum Association (KPA)

Dec 30, 2015

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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 - PowerPoint PPT Presentation
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Page 1: Brief introduction to  Kazakhstan Petroleum Association (KPA)

Brief introduction to Kazakhstan Petroleum Association (KPA)

Ole UDSEN

Vice Chairman KPA

Page 2: Brief introduction to  Kazakhstan Petroleum Association (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

Page 3: Brief introduction to  Kazakhstan Petroleum Association (KPA)

• 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?

Page 4: Brief introduction to  Kazakhstan Petroleum Association (KPA)

Thank You!!!