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Deal on MMG to be completed by Oct 2009 - Chairman of KazEnergy T. Kulibayev

ASTANA. September 24. KAZINFORM /Kanat Kulshmanov/ "Deal on MangystauMunaiGas will be finished in October 2009. It is a large deal, a number of examinations from the side of tax and judicial bodies were held", Chairman of KazEnergy Kazakhstan Association of the organizations of oil and gas and energy complex Timur Kulibayev has said at a briefing today. "We have purchased shares of Pavlodar Oil Refinery and plan to buy out Helios within six months", he said. As is known Helios specializes in retail sale of oil and gas products. 24.09.2009 / 11:25 Premier: Kazakhstan is a proved vendor of energy resources to global market ASTANA. September 24. KAZINFORM /Arnur Rakhymbekov/ The IV Eurasian Energy Forum has kicked off in Astana today. Prime Minister Karim Massimov addressed the attendees with a welcoming speech. Having noted Kazakhstan's achievements in oil and gas sector, K. Massimov said our country had proved itself to be a reliable supplier of oil and gas resources to the global market. "The Government of Kazakhstan actively and consistently develops state-private partnership in oil and gas sphere. Diversification of transport routes is carried out. In this direction I would like to emphasize the work on modernization of Central Asia-Center gas transportation system and Atyrau-Samara oil pipeline. Infrastructure of such fundamental routes like Baku-Tbilisi-Ceyhan and main line to the People's Republic of China is improved", Massimov said. Alongside Aktau and Kuryk seaports are enhancing their work in order to increase transportation of goods from Kazakhstan. The Prime Minister particularly pointed out the role of Kazakhstan in climate change issues. "You know, Kazakhstan has joined the Kyoto Protocol. Besides, this year we are taking part in the Copenhagen forum", the Head of the Government informed. "The point at issue is development of technologies reducing gas emissions. It is also connected with reduction of the volumes of burnt gas by Kazakhstan and development of efficient technologies on coal burning. Finally I would like to note that Kazakhstan takes certain steps on development of renewable energy sources. This is quite an important agreement", K. Massimov stressed. The Prime Minister also thanked the attendees for their participation in the forum and development of the country's oil and gas complex.


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