Monthly Archives: November 2013

  • Kazakhstan tax return deadlines appoach

    Posted 28/11/2013

    For those companies that are already trading and tax registered in Kazakhstan, please note that the tax year end is now approaching  and for those that have traded better than expected it may be necessary to make an additional advanced Corporate Income Tax (“CIT”) declaration for the tax year ended 31 December 2013. Read More…

    Posted in: Recent Developments

  • Tengiz MOU signed: opportunities continue to grow in Kazakhstan

    Posted 22/11/2013

    Kazakhstan authorities report that a Memorandum of Understanding has been signed between government and Tengizchevroil LLP, known as TCO, that sets out their joint commitment to expanding production at the field.

    The MOU maps out the responsibilities of each party to enable delivery of the Future Growth Project (FGP) and Wellhead Pressure Management Project (WPMP).

    Tengiz field

    According to Trend, the projects will enable increased production from 26 million to 38 million tons of oil per year.

    Projects on this scale require expertise in a wide range of fields including engineering, construction, information technology. We’re heading out to Kazakhstan next month to talk to local contacts in more depth about their requirements. Let us know if this looks like something you’d like to be part of.

    Posted in: Recent Developments