Kazakhstan Chamber of Commerce in the USA


Kazakh Ski Resorts among Most Popular Winter Destinations in CIS 0

Posted on November 25, 2015 by KazCham

The Astana Times

Shymbulak Ski Resort tops the list of most popular destinations in the Commonwealth of Independent States (CIS) and neighboring countries.

Tourists traveling in CIS countries view the Kazakh resort near Almaty as the perfect destination for winter holidays, according to the online hotel booking service Oktogo.ru. The rating is based on data collected and the early reservations for the upcoming New Years’ holidays from Jan. 1-10.

Altai Alpes, located in East Kazakhstan, is also included on the list of the one-time Soviet Union’s most popular ski resorts.

Shymbulak is located in the picturesque Medeo Valley, which is also known as the home of the highest outdoor skating rink in the world. The beautiful resort is surrounded by woods and is just a few kilometers outside the city. The area offers a wide variety of slopes, from simple, gentle hills suitable for beginners to those with a 45-degree angle for professionals and daredevils.

This year there will be available two tracks: the blue one for beginners and black one for professionals. The measure is designed to ease the orientation and make skiing more enjoyable for all guests.


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Russian and Kazakh presidents ink document on Caspian Sea delimitation 0

Posted on November 15, 2015 by KazCham

Colibri Law Firm

The presidents of Russia and Kazakhstan, Vladimir Putin and Nursultan Nazarbayev, have inked a document regarding the delimitation of a part of the seabed of the Caspian Sea.

Putin and Nazarbayev signed a protocol on amendments to the existing protocol of the Russia-Kazakhstan agreement dated 6th July 1998 on the delimitation of the northern part of the Caspian Sea’s seabed for exercising sovereign rights for subsoil use.

Earlier, Russian presidential aide Yuri Ushakov told reporters that the document regulates the joint development of the ‘central’ oil-bearing structure.

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Kazakhstan, USA join forces in nuclear fuel supply 0

Posted on November 13, 2015 by KazCham

World Nuclear News

KazAtomProm and Centrus Energy have signed a Memorandum of cooperation that specifies the development of mutually beneficial relations on competitive supplies of Kazakhstan’s uranium to the world market.

The document was signed by KazAtomProm Chairman Askar Zhumagaliyev and Centrus Energy Senior Vice-president Kevin Alldred during Zhumagaliyev’s official visit to the United States.

KazAtomProm is the world’s biggest uranium producer, while Bethesda, Maryland-based Centrus Energy supplies enriched uranium fuel for commercial nuclear power plants in the USA and around the world.

Kazakhstan became the leading supplier of uranium to US nuclear power plants in 2014, overtaking Australia, according to the US Energy Information Administration (EIA). According to the EIA’s Uranium Marketing Annual Report, published in May, of the uranium purchased by U.S. reactor owners and operators, 23% was of Kazakh origin, while 20% came from Australia and 18% from Canada.


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Iran and China to join construction of Kazakhstan’s oil refinery 0

Posted on November 12, 2015 by KazCham

Colibri Law Firm

The vice-governor of Mangistau Oblast, Rakymbek Amirzhanov, has confirmed that representatives of Iran and China have put both the countries forwards to take part in the construction of a fourth oil refinery.

Amirzhanov explained that Iran has expressed an interest in the project due to several factors: “In Iran, all the oil refineries are located in the north of the country. All the oil fields are located in the south. Iran spends about $35 per tonne of oil to transport crude from the south to the north of the country.” Kazakhstan, situated close to northern Iran, is therefore a good candidate for a new partnership in oil swaps.

The approximate minimum amount of investment in the construction of the project is estimated to be $6 billion. Chinese companies, however, are willing to enter the project with investments estimated at $5 billion.

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Six countries interested in constructing nuclear plant in Kazakhstan 0

Posted on November 11, 2015 by KazCham

Colibri Law Firm

Kazakhstan has held consultations with leading companies that possess modern reactor technologies, including the companies Rosatom (Russia), Areva (France), Toshiba, Japan Atomic Power Company (JAPC), Mitsubishi, (Japan), CGNPC (China), KEPCO (South Korea), Westinghouse (US), and Hitachi-General Electric (Japan and the US).

During the meetings, the foreign companies provided information about new reactors with improved safety factors as well as about their experience in the construction and operation of nuclear power plants, and expressed interest in cooperating in the construction of the nuclear power plant in Kazakhstan.

The Energy Ministry noted that, to date, two areas have been selected for constructing the nuclear power plant: the town of Kurchatov in eastern Kazakhstan and the village of Ulken in the Almaty province.

The construction of the plant will take a minimum of twelve years; around two years are needed to complete the project’s feasibility study, with at least another ten years for the construction work itself.

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Kazakhstan’s KazAtomProm and US to cooperate on nuclear energy 0

Posted on November 10, 2015 by KazCham

Colibri Law Firm

World Nuclear News has reported that the Kazakh state-run company KazAtomProm has signed a memorandum of cooperation with Centrus Energy that “specifies the development of mutually beneficial relations on competitive supplies of Kazakhstan’s uranium to the world market.”

The document was signed by KazAtomProm’s chairman Askar Zhumagaliyev and Centrus Energy’s senior vice-president Kevin Alldred during Zhumagaliyev’s official visit to the US.

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EBRD, TCO to Launch Small Business Support Program in Kazakhstan 0

Posted on November 08, 2015 by KazCham

Astana Times

A new, two-year support program for small- and medium-sized enterprises (SMEs) in Kazakhstan has been launched by the European Bank for Reconstruction and Development (EBRD) and Tengizchevroil (TCO), Kazakhstan’s top oil producer, the EBRD announced Oct. 6.

The roughly $515,000 program, which will run from 2015–2017, will cover SMEs across Kazakhstan and promote entrepreneurship and help promising SMEs innovate, compete and reach new markets, according to the EBRD. It will include existing and potential suppliers to TCO, which operates the country’s giant Tengiz oilfield, as well as SMEs with no links to the company, according to the EBRD.

The program aims to increase SME access to know-how and finance, strengthen links between businesses and to improve the market for advice and the exchange of best practices through business clinics and seminars on strategy, marketing, human resource management, finance and bookkeeping and other topics. Eligible SMEs will also have a chance to work with local consultants and international industry experts on a cost-sharing basis, with the possibility of having up to 75 percent of their costs covered, the EBRD announced.

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Chevron and KazMunayGas to Enhance Kazakhstan’s Technical Capabilities 0

Posted on November 06, 2015 by KazCham

Astana Times

Since the start of its operations in Kazakhstan in 1993, Chevron has continuously invested in developing and training its local workforce to meet the increasing demands of Kazakhstan’s oil and gas industry. Together with its partner, Kazakhstan’s national oil and gas company KazMunayGas (KMG), numerous programs have been developed to improve the capacity of local companies and specialists, including training, delivery of new technologies and assistance to purchase technologically advanced equipment and software programs.

As part of the technology development program, in 2014, a group of 13 specialists from KMG and its subsidiaries visited Chevron Energy Technology Centre (ETC) offices and its laboratories in Houston, Texas and Richmond, California. During the visit, they were introduced to ETC’s worldwide technology portfolio and engaged in discussions on developing organizational capability, technology delivery models, i-field (Integrated Field) Upstream Workflow Transformation, next-generation seismic, reservoir and well productivity technologies, as well as core analysis technologies and methodologies.

Chevron also sponsored KMG’s Scientific Research Institute of Production and Drilling Technology by purchasing “INTERSECT” next generation reservoir simulation software. This advanced technology allows research teams to simulate large, complex reservoirs and highly heterogeneous systems, including Tengiz and Karachaganak.

In 2015, 19 KMG operations specialists visited Chevron’s Mid-Continent Business unit in Midland, Texas, participating in intensive overview sessions on rod pump design and optimization and visiting Chevron operated fields and local service companies that support its operations.

Frank Cassulo, EBU deputy managing director commented on the program saying, “The Eurasia Business Unit is extremely pleased to partner with KMG and its experts to further enhance KMG’s technical capabilities.” He added, “Chevron believes this workforce development program will enable KMG specialists to leverage Chevron’s experience to enhance their base business operations and develop expertise in production optimization to increase oil recovery.”


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Astana Seeks to Get Into Top 50 ‘Smart’ Cities 0

Posted on November 04, 2015 by KazCham

Astana Times

Akim (Mayor) of Astana Mr. Adilbek Dzhaksybekov launched a series of “Smart” projects in July. Smart Astana project includes several directions, such as Smart Clinics, Smart Schools, Smart Street Lighting and Smart Payments.

“In order to avoid queuing, to create comfortable conditions, to regulate the flow of adults and children, as well as to exclude their intersection at the reception and near specialists’ offices, we introduced the Triage System, which allows hospitals to receive visitors depending on the type of their treatment and on the severity of their condition. These passages do not overlap with each other, which is essential for the maintenance of the sanitary-epidemiological status of the facility and for the prevention of the spread of various diseases,” said the head of the Astana Health Department Yerik Baizhunussov.

The innovations will also include the introduction in 2016 of electronic medical records for patients in all medical organizations to eliminate paperwork and increase convenience.

The concept of Smart Astana was created to improve the quality of life of the population of the capital.

Smart Astana was created and is being implemented by Astana Innovations to create conditions and infrastructure to become one of the top 50 Smart cities of the world. All Smart projects are being implemented by investors without the involvement of public funds.


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EXPO 2017 Logo to Mark Air Astana Aircraft Fleet 0

Posted on November 03, 2015 by KazCham

Astana Times

The first EXPO 2017 logo has been emblazoned on the fuselage of an Embraer 190, the result of a memorandum of cooperation between Astana EXPO 2017 and Air Astana, the largest national carrier in Kazakhstan. The signing ceremony was held on Aug. 17 with the participation of company president Peter Foster and Astana EXPO 2017 Company Chairman Akhmetzhan Yessimov.

All 30 aircraft in the fleet are expected to be marked. The aviation company is the official carrier of the coming exhibition and is also an official partner of the event.

Starting next year, the partners will begin implementing a joint campaign to promote the exhibition in international markets. The Air Astana business network currently includes more than 40,000 agents and passengers traveling with the airline during the exhibition period will be able to visit EXPO 2017 for free.

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