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United States hopes investment climate in Kazakhstan will remain attractive

Oil&Gas Materials 28 July 2010 15:43 (UTC +04:00)
The investment climate in Kazakhstan has always been positive, and the United States hopes it will remain the same, U.S. Special Envoy for Eurasian Energy Richard Morningstar said today in Astana.
United States hopes investment climate in Kazakhstan will remain attractive

Azerbaijan, Baku, July 28 / Trend, S.Suleymanov /

The investment climate in Kazakhstan has always been positive, and the United States hopes it will remain the same, U.S. Special Envoy for Eurasian Energy Richard Morningstar said today in Astana.

"Any issues that arise between the government and companies should be resolved through negotiations," he said.

Morningstar added that ensuring the inviolability of contracts is important for the United States.

"Successful business depends on relationships and trust," he said. "There is nothing bad in changing circumstances. But talks must take place in an atmosphere of confidence, where an acceptable solution can be found for all sides. Then everything will be fine with the investment climate."

Earlier the Kazakh Financial Police filed a criminal case against TengizChevrOil for illegally extracting oil from the Tengiz Field.

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