Kazakhstan
Overview of Extractive Industries
Kazakhstan has the largest recoverable crude oil reserves in the Caspian region, and extensive mineral resources (uranium, chromium, lead, zinc, manganese, copper, coal, iron, and gold). The hydrocarbon industry is estimated to account for roughly 30% of the Government's revenues and about half of export earnings. Proven oil reserves are estimated at 40 billion barrels (BP Statistical Review of World Energy 2007). In addition, proven natural gas reserves are estimated at 106 trillion cubic feet (Tcf). President Nazarbayev announced Kazakhstan’s endorsement of the EITI in 2005.
Status of EITI Implementation
On 14 December 2010, the EITI Board designated Kazakhstan, as an EITI Candidate country that is “Close to Compliant”. Kazakhstan was granted six months (until 12 June 2011) to complete the remedial actions needed to achieve compliance. Implementation of the remedial actions is currently under review by the Board. The Board retains the right to require a new validation if the remedial actions have not been completed.
The National Stakeholder Council (NSC) endorsed the Final Validation Report in August 2010. Kazakhstan's deadline for completing Validation was 9 September 2010.
Kazakhstan recently published its fifth EITI report covering 2009 data. 123 companies participated in the reconciliation. In June 2010, Kazakhstan issued its third and fourth reports covering financial years 2007 and 2008. 108 companies in total participated in the 2007 and 2008 reports. The 2nd EITI report was published in April 2009. The first EITI Report was published on 29 February, 2008. The first report covered payments of and revenues from 40 oil and gas companies operating in Kazakhstan for 2005, but did not include all companies.
Governance of EITI Implementation
A National Stakeholders’ Council including members of Government, Parliament, Companies and civil society has been formed to coordinate EITI. A series of Regional Workshops have been held in 2008 and 2009 to increase public awareness of EITI.
The Government Focal point for the EITI
Mr.A.Rau
Organisation: Ministry of Industry and New Technology, Kazakhstan
Title: Vice Minister
E-Mail:
Companies operating*
Oil & gas companies: BG Group*, BP*, Chevron Corp*, ConocoPhilips*, Eni*, ExxonMobil*, Repsol*, Shell*, Statoil*, TOTAL*, CITIC Group (China), CNPC (China), Gazprom, Inpex (Japan), LukOil, OMV (Austria), Petramina (Indonesia), Rosneft, Sinopec, Maersk Oil, Victoria Oil and Gas.
Mining companies: Arcelor Mittal*, Areva*, Glencore, Kazakhmys, RUSAL
* EITI Supporting Company
* Note: Company list based on EITI research and is not conclusive
For further information, please contact Samuel Bartlett at the EITI International Secretariat.
