02.11.2006, 09:46 2373

Parliament deputies expressed concern in increase of foreign participation share in oil-and-gas sector of Kazakhstan

Astana. November 2. Kazakhstan Today - Today at plenary session Majilis deputies expressed concern in increase in foreign participation share in oil-and-gas sector of the Republic, the agency reports.

"Aggressive expansion of China of oil-and-gas sphere guards. Many oil companies working in Kazakhstan are being bought, the deputy Valery Kotovich noted. "In case these companies are sold to China, China will control about 28 % of oil extraction in the country. In case of the signing of the contracts being conducted with Mangistaumunaygas this indicator will exceed 40 % of oil extraction in Kazakhstan," the deputy said.

Majilismen Victor Egorov also called into question observance of the national interests of Kazakhstan.

"The concrete example how Chinese Republic care about the problems of our economy: East Kazakhstan, Irtysh. Chinese do by-pass channel on their territory. How will it be reflected on us, on ecological conditions of Kazakhstan? They do not even want to conduct negotiations on this issue.

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