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Kazakhstan ask for a dollar from oil companies for social projects

Oil&Gas Materials 28 April 2009 18:01 (UTC +04:00)

Kazakhstan, Astana, April 28 / Trend , K.Aynova/

Management of Kazakhstan's giant field offered to natural resource users, working in the region, to transfer $1 for each tons of the sold oil to social projects, Mangistau Region Administration Advisor Evgeniy Kim said on April 28.

"The administration offered to transfer $1 for each tone to social projects," Kim said during his speech at the APEC-2009 (Astana Petroleum Exhibition & Conference) meeting in Astana.

Kim said at present roughly 43 companies - natural resource users in the Mangistau region and 23 of which produce oil and 20 are at the stage of exploration.

"Those who are still conducting exploration, is offered a certain percent of the investment, which is designated for exploration," the advisor said.

According to his data, so far, only three companies have agreed to accept such a proposal.

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