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12.03.2010 20:33 #KASE news

In Kazakhstan will be established Ministry of Petroleum and Gas

/IRBIS, March 12, 2010/ - In Kazakhstan, the Ministry will be established oil and gas, announced today by President of the Republic of Kazakhstan Nursultan Nazarbayev at the meeting on industrial development with the participation of akims areas and the Government.

"To implement the policy of the oil and gas sector, and specifically to some sort of ministry is that we create a ministry of oil and gas", - said Nursultan Nazarbayev.

He said that the measure will free the JSC National Company KazMunayGas from her unusual features.

"Among other things, the Ministry will release the KazMunaiGaz from his unusual features, which create a conflict of interest of commercial and government", - said the head of state.

"Activities" KMG "must be purely commercial in nature. Only in this case," KMG "should become a national champion, corporations, international level, what I sought each year, adding new assets of the company", - said Nursultan Nazarbayev.

The head of the new ministry was appointed Sauat Mynbayev, who served as Minister of Energy and Mineral Resources of the Republic of Kazakhstan.

According to the president of state interests in oil and gas projects should go to the ministry of oil and gas.

[2010-03-12]