Ministry of Oil and Gas (Kazakhstan)

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Ministry of Oil and Gas
Ministrial Department overview
Formed 12 March 2010; 7 years ago (2010-03-12)
Preceding Ministrial Department
  • Ministry of Energy and Mineral Resources
Jurisdiction Kazakhstan
Headquarters Astana
Minister responsible
Website Official website

The Ministry of Oil and Gas is one of the governmental bodies of Kazakhstan and part of the cabinet. The ministry has the function of developing and implementing policies related to petroleum and petroleum products.

History and profile[edit]

The ministry was established on 12 March 2010 and is the successor of the ministry of energy and mineral resources.[1][2]

Uzakbai Karabalin has been the minister of oil and gas since July 2013.[3][4] He replaced Sauat Mynbayev in the post.[4] Mynbayev was the first minister of oil and gas.[5]

The main function of the ministry is to oversee and regulate the oil and gas sector in the country which was largely carried out by the national oil company, KazMunaiGas, until the establishment of the ministry.[5]

References[edit]

  1. ^ "Sector organization" (PDF). US Energy Information Agency. 28 October 2013. Retrieved 4 February 2014. 
  2. ^ "Glossary. Annual Report 2012". Nostrum Oil and Gas. Retrieved 4 February 2014. 
  3. ^ "Major events in Caspian oil & gas industry". Azer News. 4 February 2014. Retrieved 4 February 2014. 
  4. ^ a b Nariman Gizitdinov (3 July 2013). "Karabalin Appointed Kazakh Oil Minister to Replace Mynbayev". Bloomberg. Retrieved 4 February 2014. 
  5. ^ a b "Kazakhstan creates new oil and gas-ministry in a major government reshuffle". Eurasia. Retrieved 4 February 2014.