geography7月13日演讲

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geography7月13日演讲

act. During the visit of President Nursultan Nazabayev from 24 to 27 Jan 2009 Indo Kazakh Civil Nuclear agreement was signed .[87] Under the proposed agreement 120 tonnes of Uranium will be imported from Kazakhstan by Nuclear Power Corporation of India.[88]

Indo-Kazakh Bilateral Trade. Bilateral trade between the two countries ha s increased from $78.91Million US in 2003 to $ 210.25 million US in 2006.[89] Kazakhstan is India's largest trading partner in Central Asia with both countries looking to develop bilateral trade beyond mechanical engineering, pharmaceuticals and defence sectors.[90]

Indo-Kazakh Agreement on Satpayev Oil Block. Both nations have agreed to sign an agreement on exploration and production for the Satpayev oil block in the Caspian sea at an early date before the new subsoil use law is adopted in Kazakhstan.[91]

ONGC Videsh Limited (OVL). The international arm of ONGC, has been actively acquiring energy contracts and exploration and drilling rights abroad. In 1997, the Oil and Natural Gas Commision Videsh Ltd received a five year license for oil exploration covering an area of 9085 sq km in the Palvodar


region of northern Kazakhstan.[92] In Central Asia, ONGC has made significant inroads into Iran, Kazakhstan, Turkmenistan, and most recently in Tajikistan. It has formally bid on Tengiz and Kashaugan oil fields and the Kurmangazy and Darkhan exploration blocks in Kazakhstan.[93] . OVL already has a 15 percent holding in Kazakhstan's Alibekmola oil fields and a 10 percent holding in the country's Kurmangazi fields.

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