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HomeEuropean NewsMultinational corporations, Tokayev talk about funding in Kazakhstan

Multinational corporations, Tokayev talk about 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 International Traders Council below the President of Kazakhstan, Kassym-Jomart Tokayev held on June 8 separate conferences with James Johnson, Govt 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.

Through the dialog with James Johnson, Tokayev was knowledgeable in regards to 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 Undertaking.

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

Chapman advised Tokayev in regards to the progress of building of a gasoline processing plant at Karachaganak discipline, the chances of redirecting export volumes of gasoline from the Tengiz discipline to the home market and the transportation of Kazakh oil by different routes.

In a dialog with Gitzel and Streu, the implementation of joint funding initiatives in Kazakhstan was mentioned. Specifically, Cameco’s President advised the Head of State in regards to the actions and additional plans of the uranium firm in our nation. Condor Petroleum’s CEO knowledgeable in regards to the plans on building of modular LNG vegetation 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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