MODERN CONDITION AND PROSPECTS OF THE REPUBLIC OF KAZAKHSTAN OIL AND GAS SECTOR DEVELOPMENT

Author(s): Niyazbekova Shakizada Uteulievna, Nazarenko Oksana Vladimirovna

Rubric: Economy

DOI: 10.21777/2587-554X-2018-4-7-14

Release: 2018-4 (27)

Pages: 7-14

Keywords: oil and gas sector, field, stocks, intelligence service, oil market, politics, control

Annotation: The relevance of the chosen topic is that oil is of key importance for the economy of Kazakhstan. In the future, Kazakhstan intends to increase production at the Kashagan and Tengiz fields. Kazakhstan’s oil and gas industry can be attributed to one of the leading sectors of the economy. Today, the dynamics of the development of the Kazakh gas industry, where the national operator is KazTransGas JSC, is more successful. The national oil and gas company is represented by JSC KazMunayGas. The purpose of this study is to analyze the share of gross value added of sectors in GDP, the volume of oil transportation, growth for the year of crude oil production in recent years, consideration of the prospects for the development of the oil and gas industry of Kazakhstan. The result of this article is that the analysis of the oil and gas sector helped to identify trends, regulation in this area, shows the role of the fuel and energy complex of Kazakhstan in ensuring the country’s energy security.

Bibliography: Niyazbekova SH.UT., Nazarenko OK.VL. MODERN CONDITION AND PROSPECTS OF THE REPUBLIC OF KAZAKHSTAN OIL AND GAS SECTOR DEVELOPMENT // Economics and Management. – 2018. – № 4 (27). – С. 7-14. doi: 10.21777/2587-554X-2018-4-7-14