Cost analysis and accident response strategy in oil production in entrepreneurial sector in the context of environmental safety concept of the Republic of Kazakhstan

The role of economic theory in the preservation of nature in Kazakhstan is very current, because mining industry in this country is quite large and it is a considerable burden for the environment. This burden is obvious mostly in extraction and processing of crude oil. The main aim of this thesis is the analysis of state environmental policy with the focus on prevention of oil spills in the Caspian Sea in accordance with "State concept of ecological safety in Kazakhstan in 2004-2015" and also methods of oil spills removal as tools for environment protection including factual techniques and firm based costs linked to the removal of oil spills. Thesis will also include the comparison of effectiveness of existing models for oil spills removal used by companies in Kazakhstan. The first part of work is methodologically based on analysis of secondary sources: scientific articles and literature, ecology bulletins, official data of Ministry of environment in Kazakhstan, firm based data and "State concept of ecological safety"