we are talking about tingiz, tyrau region in western kazakhstan. volume of reserves here is about 3 billion tons of oil, almost 2 trillion cubic meters of associated gas. the current agreement on tingiz was signed in 1993 for 40 years, that is, until 2033. then they divided it like this: american chevron - 50%, kazakh kazmunaigas - 20%. exonmobile another 25% and russian lucoil 5%. until now, oil from the field is divided according to the same production sharing agreement; it is curious that the terms of this agreement still remain secret and they say that it is not without reason that these conditions cannot be called beneficial for kazakhstan. decision about the future, that is, what will happen after 2033, accepted by the government of kazakhstan, but 5 years before the expiration of the contract, shareholders can initiate negotiations for an extension. in any case, for now... negotiations are not underway, but the kazakh government assures that national interests will be at the forefront. however, we can already say with confidence that these n

the current tingiz agreement was signed in 1993 for 40 years, that is, until 203.ided it like this: american chevron - 50%. kazakhstan kazmunaigas - 20%. exxonmobil another 25% and russian luk oil - 5%. still oil from mr. life is divided according to the same production sharing agreement; it is curious that the terms of this agreement still remain secret and they say that it is not without reason that these conditions cannot be called advantageous for kazakhstan. decision about the future, that is, what will happen after 2033 to accept the government of kazakhstan, but 5 years before the expiration of the contract, shareholders can initiate negotiations on an extension. in any case, i am not negotiating yet. but the kazakh government assures that national interests will be at the forefront. however, we can already say with confidence that these negotiations will not be simple. chevron is the main shareholder, one of the largest companies in the world in general. the headquarters is located in california, and oil is produced all over the world, in the united states