“They have crude, they have money”

размер шрифта: Aa | Aa
09.10.2011 17:13

“They are moving extremely fast. They have crude, they have money”, a Frenchman tells me, whom I addressed at the hotel at lunch. He works as an engineer at the high speed railway train line, which is under construction between Astana and Alma-Aty. 1,200 kilometers will be ready in five years.   

Treasures of the Kazakh subsoil have attracted here the biggest companies of the world. First of all we are speaking about crude oil reserves that place Kazakhstan on the ninth place in the world from this point of view. Here such companies as ExxonMobil, Royal Dutch Shell, Chevron, Total, Repsol, BP, ConocoPhilips and many others petroleum companies have started their operations. The Romanian company Petrom is also exploiting an oilfield here.   

From the moment when the Independence was proclaimed, Kazakhstan has opened its borders to these giants, having great money in their pockets in order to be invested in areas with rich resources, and what was lacking to the Kazakh State it was just the technology and expertise of the Westerns. 

But last year the Kazakhstan officials have introduced export taxes for companies that do not share their production with the state. Even if there were some wrangles from few, afterwards everybody accepted that the treatment is not exaggerated, especially due to the fact the Kazakh state always provided facilities to investors. More of it, just the day we arrived in Kazakhstan, October, 3, the Government has adopted a package of laws, according to which big caliber investors benefit of greater help from the state.
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