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HomeEuropean NewsMultinational corporations, Tokayev focus on funding in Kazakhstan

Multinational corporations, Tokayev focus on funding in Kazakhstan



Multinational corporations and the Kazakh authorities have mentioned the implementation of joint funding initiatives in Kazakhstan.

On the eve of the thirty fourth assembly of the Overseas Buyers Council underneath the President of Kazakhstan, Kassym-Jomart Tokayev held on June 8 separate conferences with James Johnson, Government Vice President of Chevron Company, Neil Chapman, Senior Vice President of Exxon Mobil Company, and Honorary Consuls of Kazakhstan in Canada – Tim Gitzel, President and CEO of Cameco and Don Streu, President and CEO of Condor Petroleum.

In the course of the dialog with James Johnson, Tokayev was knowledgeable concerning the outcomes of the company’s work in our nation and plans for the approaching interval. Specifically, they mentioned the problems of nearing completion of Tengiz Future Progress Mission.

The 2 additionally reviewed the prospects of enlargement of the manufacturing capability at Kashagan discipline, in addition to Chevron’s Direct Funding Fund actions aimed toward supporting the localization of manufacturing and environmental safety in Kazakhstan.

Chapman informed Tokayev concerning the progress of development of a gasoline processing plant at Karachaganak discipline, the probabilities of redirecting export volumes of gasoline from the Tengiz discipline to the home market and the transportation of Kazakh oil via various routes.

In a dialog with Gitzel and Streu, the implementation of joint funding initiatives in Kazakhstan was mentioned. Specifically, Cameco’s President informed the Head of State concerning the actions and additional plans of the uranium firm in our nation. Condor Petroleum’s CEO knowledgeable concerning the plans on development of modular LNG crops in Kazakhstan. The prospects for the event of Kazakh-Canadian cooperation inside the Kazakhstan-Canada Enterprise Council had been additionally touched upon at this assembly.

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