Tengizchevroil LLP
Policy, Government and Public Affairs

News Release
The fourth kindergarten built on Egilik funding
ATYRAU, Kazakhstan, July 4, 2016 –Tengizchevroil (TCO) has invested over $1.18 billion for the improvement of social infrastructure in Atyrau Oblast since TCO’s formation. TCO closely cooperates with the Atyrau Oblast Akimat in the selection of high-priority facilities for the benefit of the community, including facilities for children.    

KPMG International received a top performance evaluation from ALM Intelligence analysts for its depth of Transaction Advisory Services provided to clients worldwide in 2015. KPMG was seen as one of a few select organisations to earn the prestigious ALM Intelligence Vanguard Leader recognition.

ALM Intelligence, formerly Kennedy Information, found that KPMG had the "strongest core due diligence function" among the Big-4 and that the firm's M&A, restructuring, and corporate finance service areas "combine to provide great depth in the narrow TAS space." The analysts also found that, due to its strong focus on financial due diligence and valuation services, KPMG has "fostered strong relationships for these offerings across the deal spectrum," particularly in the private equity space, with a "strong impact in Asia."

On April 14, the meeting of the Roundtable on “Eurasia” project was held under the chairmanship of Kanat Bozumbayev, the Minister of Energy of RK.

The meeting was attended by: Shkolnik V.S., RK Presidential Advisor, Karabalin U.S., Deputy Chairman of the Management Board of “KAZENERGY” Association, Mynbayev S.M., Chairman of the Management Board of “KazMunayGas” NC” JSC, Nurabayev B.K., Chairman of the Committee of Geology and Subsoil use of MID RK, representatives of foreign and transnational companies.

According the  Decree of the President of Kazakhstan N. Nazarbayev (March 25, 2016) Bozumbayev Kanat Aldabergenovich is appointed as a Minister of Energy of the Republic of Kazakhstan. Earlier he held a position of the akim of the Pavlodar region.

Dear Ladies and Gentlemen!

KPMG in Kazakhstan and Central Asia is pleased to invite you to Business Breakfasts in Astana and Almaty in February-June2016. 

KPMG Business Breakfasts are a platform created for representatives of business community in Astana and Almaty to discuss major topics related to audit, accounting and tax issues, current changes in Kazakhstan legislation, risk consulting, strategic development, the latest trends in the transaction market and other topics with leading experts from KPMG in Kazakhstan and CIS. Every month you will be given presentations covering various aspects of business in the region.

Here you will always be able to find likeminded and interesting people and communicate on professional topics.

The agenda, venue and time of KPMG Business Breakfasts in Astana and Almaty for in February-June 2016 are outlined here.

Additional information

Business Breakfasts are held in Russian, free of charge.

Places are limited.

Registration

Please confirm your participation by sending a Full Name of the participant, contacts and the date of a Business Breakfast to Aigerim Suleimenova by phone at +7(727) 2980898 (ext. 62238) in Almaty, +7(7172) 552888 (ext. 62238) in Astana or by e-mail at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

On 1 January 2016 Assel Khairova will replace Gregor Mowat as Managing Partner.

Assel Khairova has worked with KPMG for more than 19 years, including 17 years in Kazakhstan and two years in KPMG's London office. In 2011 Assel was appointed Deputy Managing Partner and Head of KPMG's office in Astana. In this role Assel has been extensively involved in developing the firm's marketing strategy in Kazakhstan and Central Asia as well as government relations and relationships with key clients. Assel is an established expert in audit and consulting, with a very strong industry focus on energy and natural resources. Holder of a Kazakhstan audit licence and international accountant certification Assel has accumulated and extensive experience of delivering services to Kazakhstan and global clients.

KPMG in Kazakhstan and Central Asia presents the Oil and Gas NewsFlash publication.

This publication has been created within the programme for developing further in-depth understandings and exchanging basic analytical information on the sector specific issues. It features the summary of the sector's news and market headlines in the region, finance arrangements and deals, key facts and ratings of top oil & gas companies, etc.

You can download the Oil and Gas NewsFlash here.

About KPMG in Kazakhstan and Central Asia

KPMG is a global network of professional firms providing Audit, Tax and Advisory services, operating in 155 countries with more than 162,000 people working in member firms around the world.

KPMG Business Breakfasts are a platform created for representatives of business community in Astana and Almaty to discuss major topics related to audit, accounting and tax issues, current changes in Kazakhstan legislation, risk consulting, strategic development, the latest trends in the transaction market and other topics with leading experts from KPMG in Kazakhstan and CIS. Every month you will be given presentations covering various aspects of business in the region.

According to the results of the 2^nd quarter of 2015, uranium production volume in the Republic of Kazakhstan (SMCC  not included) amounted to 5,883 tons, which corresponds to the planned figures.

23-24 June 2015 in order to study the international experience in the field of peaceful use of nuclear energy and the development of mutually beneficial cooperation, CEO of JSC NAC Kazatomprom ASkar Zhumagaliyev conducted a working visit to the United Arab Emirates.