By Laura Suleimenova
Interesting developments take place recently around Tengizchevroil's Future Growth Project. Ak Zhaik newspaper learnt about disagreements that arose between Akimat (Governor's office) of Atyrau Oblast and two foreign shareholders of KPJV design company, and one of its domestic shareholders has been sold by the state to the private company.
CONFLICT WAS SETTLED QUICKLY
The cause of the conflict between the regional government office and foreign shareholders of KPJV Ltd. (joint venture of “Kazakhstan Institute of Oil and Gas" JSC (further - KING), Kazgiproneftetrans Engineering Company LLP and the alliance of foreign companies - Worley Parsons Limited and Fluor Limited), according to our sources, was the violation of special conditions during issuing permits for attraction of foreign labor. And in particular, of the item about creation of additional work places for citizens of
According to the sources, on June 30, the representatives of Worley Parsons Limited and Fluor Limited met with the first deputy of the region Gumar Duysembayev. They were told that the government office is planning to withdraw all work permits issued to foreign experts and ensure that they left the country within one month. And all because Fluor was supposed to employ 75
- Everything started so resolutely, but it ended with nothing. Though these foreign companies violated special requirements for obtaining permits. They have to employ a certain number of local employees, but they didn't do it. Akimat threatened them, but then someone pushed "right levers", and everything calmed down, - stated our sources.
To recall, within the framework of realization of FGP one more engineering company with similar name - Kazakh Projects Joint Venture Limited (PJV), where there are only two shareholders - the same Fluor and Worley Parsons with equal shares have been created.
We sent an inquiry to the regional administration of employment and social programs coordination regarding the possible recall of expats, but received no reply. As it became known to our editorial office, the owner of another domestic shareholder of KPJV Ltd - KING JSC, was replaced. The latter from last year was in the list of realized assets within the Program of privatization of KazMunayGas group of companies' assets.
Deputy CEO for business development of KING N.B Ekzhanov reported in his reply to “Ak Zhaik" request that the organizer of auction for selling of KING's 100% equity stake was KMG.
"IN TWO YEARS' TIME EVERYTHING WILL BE DECIDED BY NEW OWNER"
In their turn KMG's press service sent us the following answer: "KMG within the framework of implementation of "Comprehensive plan for privatization in 2014-2016" approved by #280 RoK government resolution dated 31.03.14, carries out activities on realization of assets that are subject to privatization. So, on June 29, 2015 on web portal of the register of state property of the RoK Ministry of Finance an electronic (on-line) tender has been held for realization of 100% equity stake of KING JSC and its subsidiaries. Following the results of tender the winner was SAES SREDAZENERGOSTROY LLP.
During tender announcement KMG designated a number of mandatory conditions for the buyer. Those conditions included: 1. Preservation of KING activity profile during 2 years from the date of Asset purchase and sale contract signing; 2. Implementation of obligations under existing long-term and short-term contracts for rendering of services; 3. Not reduction of current number of KING personnel during 2 years from the date of Asset purchase and sale contract signing; 4. Not decreasing the current level of salaries of KING employees during 2 years from the date of Asset purchase and sale contract signing; 5. Receiving by the buyer of necessary approvals from the RoK antimonopoly agency.
Thus, SAES, being the winner of electronic tender, accepts the responsibility for the above specified conditions. At the same time the future activity of KING, including FGP, will be defined by the new owner independently".
There is practically no information both about SAES SREDAZENERGOSTROY LLP and its owners in Internet.
The only thing that was possible to find, was the information posted on website of RoK Government procurements that SAES SREDAZENERGOSTROY LLP that is based in Almaty, was recognized as the winner of tender for the lot "Activities for Construction of "Energy Research Center" of the International Specialized EXPO-2017 Exhibition in Astana" (the contract was signed on 27.04.2015). The cost of the contract is impressive: 19 billion tenge!
Informally the businessman
"SK "Kazakhmys" where
"IT IS BETTER WHEN OUR BOYS ARE THE OWNERS"
It is interesting that the second
From here, most likely, it follows that by acquiring KING the
- Let our boys be the owners. The work will also be mostly given to other local companies, - noted one of my interlocutors, the head of service company.
However, there is also another opinion: current events are the indicator of the fact that in oil and gas industry of