A Joint Forum in Astana
On May 13, in Astana, the Kazakhstan Association of Oil and Gas and Energy Sector Organizations KAZENERGY, JSC NC KazMunayGas and three large oil and gas operators who are conducting their activity in the Republic Kazakhstan – Karachaganak Petroleum Operating B.V. (КPО), North Caspian Operating Company B.V. (NCOC) and Tengizchevroil LLP (TCO) – held a joint forum of suppliers “Manufacture of Comprehensive Equipment and Spare Parts”.
Over 50 Kazakhstan machine-building and engineering enterprises and over 40 foreign manufacturers, as well as the representatives of the Ministry of Oil and Gas of the RK, the Ministry of Industry and New Technologies of the RK, the Union of Machine Builders of Kazakhstan, Akimats of the Western Kazakhstan, Mangistau and Atyrau regions took part in the Forum.
The main objectives of the joint Forum: assistance in further development of the domestic market of goods and services in the field of comprehensive equipment and spare parts demanded by the oil and gas industry, establishment of partner relationships between foreign and Kazakhstan enterprises, and stimulation of production of oil equipment and spare parts in Kazakhstan. The Forum organizers presented a review of projects for the Karachaganak, North Caspian and Tengiz fields and acquainted the participants with the demands for comprehensive equipment and spare parts, both in the short-term and medium-term prospects. Suppliers were also acquainted with the demands of operators for preliminary qualification, local content and equipment specifications.
Addressing to the Forum participants on behalf of KAZENERGY Association, the chairman of the coordination council on the Kazakhstan content development and service projects Uzakbai Karabalin said: «The new methodology for calculation of the Kazakhstan content, on the one hand, has toughened requirements to what shall be considered as products of domestic suppliers and suppressed the possibility of falsifications. But on the other, has created more favourable conditions so that the customers and real manufacturers could easily find each other and expand their cooperation. It is a very favourable and prospective process for oilmen because it is based on pragmatic calculations. Partnership with the Kazakhstan machine builders gives a chance for the oil and gas operators to improve economy of their projects, reduce expenses on the purchase of equipment, its delivery and service. The share of such expenses comprises as a rule 50-70 % of the whole cost of the oil project, so the difference in the prices for equipment of Kazakhstan and foreign origin reach three-four times. These resources of economy are claimed especially now when the prices for hydrocarbons are lower the pre-crisis level, and from corporate management the decisions are required adequate to the situation.”