National Company KazMunayGaz informed of public hearings in Atyrau regarding "Assessment of Impact on Environment while Constructing North Caspian Ecological Base for Response to Oil Spills" project

17.03.11 12:34
/KASE, March 17, 11/ - National Company KazMunayGaz (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of March 16, 2011: quote On March 15, 2011 in Atyrau there were public hearings in Atyrau regarding the "Assessment of Impact on Environment while Constructing North Caspian Ecological Base for Response to Oil Spills (NCEBR)" project. The public hearings involved representatives of Akims of Atyrau city and Atyrau region, city-based and regional government bodies, oil and gas bodies, non- government institutions and other interested organizations. Presentations were made by representatives of "TenizService" LLP (subsidiary of NC KMG), "KazNIGRI" LLP, NIPI "Caspiymunaigaz", RGP "IAC OOS", ANPC "Biotsenos". As it was stressed, the purpose of setting up and further development of NCEBR is an urgent response to oil spills during exploration and operation of the Kashagan oilfield and other oil and gas fields in the northern part of Kazakhstan' sector of the Caspian sea, execution of ecological and meteorological monitoring, revival of the wilderness, as well as protection of the most sensitive reed zone of the North Caspian, the Ural river's delta and the environment in general. The project of assessment of impact on the environment has been developed by the Information and Analysis Centre for Environment Protection of Kazakhstan's Ministry for Environment Protection, which has a state license for execution of work in environment protection design and ecological expertise in the field of environment protection. unquote The full version of this press-release is available on KASE website, at http://www.kase.kz/files/emitters/KMGZ/kmgz_reliz_160311.pdf [2011-03-17]