ATYRAU, Kazakhstan – Kazakhstan’s President Kasym-Zhomart Tokayev instructed the government to ensure access for Kazakh companies to oil and gas tenders. There are only tax benefits for foreign suppliers, Tokayev told a meeting with Kazakh citizens in the Atyrau region, located in the west of Kazakhstan.
“Our entrepreneurs do not even try to participate in tenders because they know they will not make a profit and imports will be cheaper anyway. The Government should resolve this issue as soon as possible and change the situation,” Tokayev said.
“Within the framework of the Kashagan project, we agree to equal participation of domestic companies in procurement only in the amount of more than 20 million tenge (more than $52,000). Under the TCO project, this work has not been done at all. I instruct the government to carry out relevant work with international consortiums,” Tokayev said.
In the meantime, mining at the Kashagan field has reached historic levels after the completion of a major repair.
During Tokayev’s visit to the Bolashak oil and gas refinery on 3 June, the Managing Director of the North Caspian Operating Company (NCOC), Richard Hove, announced the achievement of the historical level of production of 370,000 barrels per day after the first major overhaul, the NCOC, which is the Kashagan operator, said in a report.