Kazakhstan plans to reallocate or sell more than 100 onshore and offshore oil and gas blocks, hoping to find new owners of discovered fields and prospective new discoveries, Upstream reports, citing a government lease auction notice. A total of 107 oil and gas exploration blocks are up for grabs, including around two dozen which will be sold or reallocated only to state-owned oil and gas companies, according to a Kazakhstan energy ministry notice cited by Upstream.
The 107 fields are located both onshore and offshore in the shallow…Kazakhstan Prepares Huge Oil & Gas Lease Tender
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