Energy Minister hopes negotiations on budget development of Kashagan deposit to finalize by June 30
Astana. June 3. Kazakhstan Today - The Minister of Energy and Mineral Resources of Kazakhstan Sauat Mynbayev hopes that negotiations on budget development of Kashagan deposit will be finalized by June 30, 2008. He informed on June 2 in the interview to journalists.
"There is a working negotiating process. I think that we will finish negotiations by June 30," S. Mynbayev said.
The Energy Minister reminded that during these negotiations "the budget of the project of Kashagan development was discussed." "We have agreed that they will prepare a very detailed budget for the experimental phase by June 31," the Minister has continued.
Resourse: Kazakhstan Today