Kazakhstan plans to create rating bureau for oil and gas suppliers.

By bne IntelliNews December 8, 2010
Kazakhstan plans to create a rating bureau for oil and gas goods and service suppliers, head of the Kazakh Institute of Oil and Gas Uzakbai Karabalin has stated at a regular meeting of Kazenergys Coordinating Council. The main goal of the rating agency is to create a kind of database of oil and gas service and equipment suppliers with a certain evaluating rating, Karabalin has informed. This will allow oil and gas companies to choose contractors to their requirements and to avoid low-quality competitors, offering service and goods at dumping prices. To remind you, Kazakhstan is consistently taking steps in order to increase Kazakh content in oil and gas sector. The companies are required to buy a certain quota of the Kazakh goods and services.

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss