Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Kazakhstan’s upstream feels the strain
Flat oil growth in 2024 highlights mounting industry problems
Russia makes gas inroads in Central Asia
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
Kazakhstan is key to the Middle Corridor
The race to go around Russia is on and the New Silk Road has a Central Asian energy flavour
Letter from China: Anger erupts at Covid policy
The revolt against zero-Covid is significant but is unlikely to sway Beijing this winter
EU refineries prepare for life without Russian crude
European refiners have strong incentives to adapt to the technological and logistical challenges of the continent turning away from Russia
Between East and West: Central Asia at a crossroads
The region holds huge gas and oil reserves, but getting those resources to market poses challenges
Kazakhstan seeks to chart own course
It may be too soon to speak of a divorce between Russia and Kazakhstan. Yet the former’s invasion of Ukraine is sending shivers through Central Asia
Letter from Beijing: Refiners hoping for summer rebound
Easing of Covid restrictions looks set to lead to surge in domestic travel
Letter from Beijing: Covid relapse threatens demand
China’s rebounding appetite for energy is being undermined by fresh lockdowns and quarantine measures
UK-listed independents get busy
Shareholder antipathy towards oil and gas is no stumbling block to activity
Kazakhstan Covid-19
James Gavin
19 January 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Central Asian giant faces multiple headwinds

Surging Covid cases are not the only challenges facing Kazakhstan’s largest oil and gas developments

Kazakhstan’s oil and gas industry faces fresh strains, with a sharp rise in Covid-19 cases affecting its largest oilfield development, the Chevron-led Tengiz. And IOC partners in its three major schemes—Tengiz, Kashagan and Karachaganak—appear disinclined to pump in more investment in the context of stronger calls on their capex elsewhere in their portfolios. The Covid problem facing Tengiz is not new. Production was disrupted earlier in 2020 after outbreaks at worker camps. But the infection rates have spiked sharply upwards at the end of the year and going into 2021, presenting another challenge to the government in Nursultan. Tengizchevroil (TCO), operator of Tengiz, was ordered by the re

Also in this section
The death knell for UK energy security
7 July 2025
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
Petroleum Economist: July/August 2025
3 July 2025
The July/August 2025 issue of Petroleum Economist is out now!
Middle East Gas Conference 2025
2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
New Zealand backs gas, but results take time
30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search