Legal Regime for Energy Industry in Kazakhstan: Current Status and Future Developments
Article from: OGEL 3 (2012), in OGEL Ten Years Special Issue: Internationalisation of Energy Law
Introduction
Kazakhstan is a state in the Central-Asian region with a rapidly developing economy. Mineral resources are the key sectors of the Kazakh economy. Today, energy demand and security of supply have become important and vital issues for many countries. In that light, Kazakhstan, with its proven reserves of oil and gas, is becoming of interest to investors and states. But Kazakhstan as an independent country is still terra incognita in terms of legislation, policy, historical and ethnical background and socio-political order. However, Kazakhstan is now a leader in the ...