VI KAZENERGY Eurasian Forum

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VI KAZENERGY Eurasian Forum

The KAZENERGY Eurasian Forum will take place in Astana from 4 to 5 October 2011. This is the sixth edition of the international event that focuses onKazakhstan’s energy sector. Over the course of two days, the heads of government agencies from various countries and major international energy corporations, along with world-renowned and authoritative industry experts, will share their views and experiences on the key industry issues for Eurasiaand the world.

This year’s forum is entitled “Kazakhstan: 20 Years of Sustainable Growth, New Horizons for Investment and Cooperation”, which will be the topic discussed by the event’s participants. On this issue, Timur Kulibayev, Chairman of the KAZENERGY Association, has noted that over the course of those yearsKazakhstan has established itself as a respected sovereign state, dynamically developing country and full-fledged member of the world community. His words are supported by facts: Kazakh specialists, together with foreign investors, nearly doubled Kazakhstan’s share in the global oil market by 2010, and the country has become the world’s leading uranium producer (17,800 tonnes per year). By 2015, the country’s oil and condensate production is expected to reach 95 million tonnes per year, and gas production more than 59 billion m³ per year.

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VI Eurasian Forum KAZENERGY: New perspectives of development

The economic sector of Kazakhstan once again froze in anticipation of a new landmark event. On October 4-5 this year Astana will host the VI Eurasian Forum KAZENERGY commemorating the 20th Anniversary of Kazakhstan. The following issues are in the list of the main topics of the upcoming forum: “A steady model of development of oil and gas and energy sectors – adequate global system of energy efficiency”; “The new perspectives for oil and gas industry development: innovation and investing in the new technologies”; “The Industrial-Innovation Development of Kazakhstan: the growth of the local content”.

It is should be noted that the forum is important not only for Kazakhstan but for the entire Caspian region. That is why it is possible that the event will address the topics that directly relate to the development of Kashagan and Karachaganak oilfields.

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