brief introduction to kazakhstan petroleum association (kpa)

4
Brief introduction to Kazakhstan Petroleum Association (KPA) Ole UDSEN Vice Chairman KPA

Upload: martena-richardson

Post on 30-Dec-2015

81 views

Category:

Documents


0 download

DESCRIPTION

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

TRANSCRIPT

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!!!