19.05.2010, 12:48 2314

Majilis passed amendments to legislation concerning strengthening of control over turnover of mineral oil products

The deputies of Majilis of Parliament of Kazakhstan at the plenary session in the second reading passed the bill on the amendments and additions to some acts of Kazakhstan concerning strengthening of state control in the sphere of turnover of oil and mineral oil, the agency reports.

Astana. May 19. Kazakhstan Today - The deputies of Majilis of Parliament of Kazakhstan at the plenary session in the second reading passed the bill on the amendments and additions to some acts of Kazakhstan concerning strengthening of state control in the sphere of turnover of oil and mineral oil, the agency reports.

The purpose of the bill is struggle against plunder of oil done by unapproved cutting-ins to the main oil pipelines. Such plunders create serious safety threat of the pipeline system, the economic interests of the country, the oil and petro transport companies, and cause an irreparable harm to the environment.

It creates conditions for infringement of stability of export of oil, harms business reputation of Kazakhstan as a reliable supplier of the energy resources and may be a cause of concern for the foreign companies participating in the Kazakhstan projects.

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