chevron marks 20-year partnership with Kazakhstan
April 5, 2013 – Chevron this week celebrated 20 years of successful partnership with the Republic of Kazakhstan at events in Astana with President Nazarbayev, Prime Minister Akhmetov, key government officials, employees and other stakeholders.
Celebrating Chevron’s 20-year partnership with Kazakhstan in Astana were (left to right): John Watson, Chevron chairman and CEO; Kenneth Derr, former Chevron chairman; Scott Davis, Chevron Eurasia Business Unit managing director; Zamira Kanapyanova, Policy, Government and Public Affairs manager for Chevron Europe, Eurasia and Middle East Exploration & Production Limited; Kenneth Fairfax, U.S ambassador to Kazakhstan; Nurlan Balgimbayev, general director KazMunaiGas Enterprises Under Construction; Nursultan Nazarbayev, President of Kazakhstan; and Lyzzat Kiinov, chairman of the board of KazMunaiGas.
“Our collective success is a tribute to our strong partnership with the people and leadership of Kazakhstan, the national oil and gas company, KazMunaiGas, and our international oil company partners,” said Chevron Chairman and CEO John Watson. “Together, we have delivered impressive results in safety, production and revenue, and in the process, created thousands of jobs, trained the local workforce, established a supplier base, and actively invested in the development of the local communities.”
Extending Chevron’s commitment to the community, Watson announced plans to construct a new youth center in Atyrau. The center will offer young people educational, professional and vocational development as well as social, health and recreational opportunities.
“We have every reason to believe that we can continue building on the incredible success we’ve achieved,” Watson said. “We look forward to continuing our friendship and effective partnership with Kazakhstan for many more decades.”
Watson celebrated the company’s successful partnership with Kazakhstan in a video message.
Watson was accompanied on his visit by former Chevron Chairman and CEO Kenneth Derr (1989-1999) who signed the historic Tengizchevroil (TCO) agreement with Nazarbayev on April 6, 1993, launching Chevron’s historic entry into the country.
“Tengiz was the first significant international energy investment in the former Soviet Union,” Derr said. “It was key to encouraging additional investment in Kazakhstan and helped achieve today’s energy security and economic prosperity – and strengthened Kazakhstan’s economic and political standing in the world.”
Chevron’s Eurasia headquarters is in Almaty, Kazakhstan, where we manage interests in three major energy projects, Tengizchevroil (50 percent), Karachaganak (18 percent) and the Caspian Pipeline Consortium (15 percent). The pipeline connects the Tengiz and Karachaganak fields with the Russian Black Sea port of Novorossiysk. Chevron also operates a polyethylene pipe plant in Atyrau (100 percent) and is evaluating the potential of renewable wind energy in Kazakhstan.
Updated: April 2013