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Kazakhstan Eyes Joining Foreign Projects In Country - Minister
10:03 20.05.2010
text: Gazeta.kz views: [1194] Related articlesKazakhstani delegation arrived to Baku Ambassador of Kazakhstan to USA meets US secretary of energy EU considers Kazakhstan as reliable place for its investments The Kazakh government is interested in entering some foreign-led oil and gas projects in the country, but that won't limit growth plans, the country's deputy energy minister, Lyassat Kiinov, said Wednesday.
"Of course we are interested," Kiinov said at an energy conference of the Commonwealth of Independent States in Paris. "If we are let in, that won't hamper growth opportunities for these projects."
Kazakhstan has been one of the friendliest regimes to foreign companies, but it is now examining all the landmark oil deals it signed in the 1990s. As a result, international energy majors are likely to have to accept changes to big projects like Karachaganak and Kashagan, which were agreed during that period. Companies are watching developments closely, but Kiinov said Kazakhstan intends to improve the investment climate.
Source: online.wsj.com. |
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