Subsoil Use in Kazakhstan

October 15, 2008 | BY

clpstaff &clp articles

Vsevolod Markov and Gulnara BaissenkulMcGuire [email protected], [email protected] is a country primarily known for its…


Vsevolod Markov and Gulnara Baissenkul
McGuire Woods
[email protected], [email protected]


Kazakhstan is a country primarily known for its wealth of oil and other natural resources. Aside from substantial oil reserves (official sources estimate Kazakhstan has 4.8 billion tons of recoverable reserves) the country also possesses major deposits of uranium, gold, zinc, copper, lead, coal, iron ore, manganese, chrome ore, nickel, molybdenum and bauxite.

In the current climate prices for natural resources are increasingly growing, and the sector is becoming increasingly attractive for investments and investors. Among significant Chinese investments in Kazakhstani oil and gas sector are PetroKazakhstan and CNPC-Aktobemunaigas.

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