Kazakhstan Reaches Compromise in Kashagan Oil Project
Kazakhstan, Astana, 28 July / corr. Trend K.Konirova / The Kazakh Government announced about the compromise achieved with foreign participants on the project to develop huge Kashagan field, the Government said.
"Compromise was achieved on all issues and at present the relevant documents are being legally implemented," Karim Masimov, the Kazakh Premier, said at the meeting with Pierre Morel, the European Union (EU) Special Envoy for Central Asia, in Astana.
Details of discussions are not publicized.
This meeting focused on interaction of countries in the filed of power engineering and oil transport, as well.
Masimov confirmed Kazakhstan's commitment to diversification policy in the transportation of energy resources and expressed its support to the EU initiatives on development of south sector of oil transport.
"Morel spoke about Kazakhstan's key role in advancement of projects, which are directed to develop additional corridors for the export of hydrocarbon crude bases," press-release reported.
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