Establishment of New Production Facilities in Western Kazakhstan

Source: www.gulfoilandgas.com 9/26/2012, Location: Asia

On September 24-26, 2012 in Aktau there will be held «Investment Forum: Establishment of new production facilities in the Western Kazakhstan», organized by JSC NC "KazMunayGas" (hereafter – KMG) in conjunctions with the Akimats of Atyrau, Mangistau and West Kazakhstan Provinces.

About 500 delegates from 35 countries of the world will take part in the Forum. It is also expected the participation and speech making of the Heads of Administrations of the Western Kazakhstan regions, representatives of the Ministries and Departments concerned, management of oil and gas corporations, foreign and domestic companies, investors, bankers.

The objective of the Forum is to encourage the numerous foreign companies to invest into the establishment of new production facilities and new working positions in the western regions of Kazakhstan.

Within the frame of the Forum there will be signed a number of documents, memorandums and agreements, providing the basis for creation of new production facilities and new working positions in the western regions of Kazakhstan, as follows:

Memorandum of mutual understanding between KMG, Akimat of Mangistau region and “Castle Oil&Gas Fields Services LLC” Company (Italy);
Agreement between KMG, Samruk-Kazyna Invest LLP, Akimat of Mangistau region and “Vallourec&Mannesmann Tubes” Company (France, Germany) (hereafter – VMT)
Memorandum of mutual understanding between KMG and DKG-East Company (Hungary);
Memorandum of mutual understanding between KMG and China National Petroleum Corporation (People's Republic of China)
Memorandum of mutual understanding between Akimat of Mangistau region and Active Solar GmbH Co. (Austria)
Memorandum of mutual understanding between Akimat of Mangistau region and Altyn KDT LLP.


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