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Kazakhstan oil and gas sector news and market signals

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Kazakhstan Auctions 9 Billion BOE in Hydrocarbons, BP and Shell Among Potential Bidders

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Kazakhstan Auctions 9 Billion BOE in Hydrocarbons, BP and Shell Among Potential Bidders

Kazakhstan has launched its 12th hydrocarbon licensing round, offering 30 subsoil plots totaling approximately 53,000 square kilometers. The auction, scheduled for July 29, features an estimated preliminary resource potential exceeding 9 billion barrels of oil equivalent (BOE).

June 11, 2026Published 2 hours ago