Kazakh Premier, Chevron Meet to Discuss Cooperation

Kazakh Prime Minister Karim Masimov
(Click to Enlarge)

Kazakh Prime Minister Karim Masimov met representatives of the [US] Chevron company, led by the company's vice-president, John Watson, at the Government House today, the Kazinform news agency said quoting the president's press service.

The sides discussed issues of developing Kazakh deposits, the company's participation in various infrastructure projects and its plans to further expand production capacity at the Tengiz field.

"Our 'Future growth project', as we call it, has the capability to create many additional jobs, increase oil production and inflow of investments to Kazakhstan," Watson said.

Speaking about production successes and the company's achievements in the sphere of ensuring work safety and environmental protection, Watson thanked the Kazakh leadership for support and cooperation. "We hope to continue these constructive relations, especially taking into account the Kazakh government's adherence to strictly following the legislation and the fact that the signed contracts are stable," he said.

The Kazakh prime minister positively assessed the Chevron company's activities in Kazakhstan, which cover all levels of oil business - from geological prospecting and oil production to processing, transportation and sale of oil products.

BBC Monitoring. Copyright BBC.


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