Kazakhstan received USD 5.5 bln from TCO business activity in 2009
14:56, 13 January 2010
ATYRAU. January 13. KAZINFORM /Andrey Sokolov/ In 2009 Kazakhstan received USD 5.5 bln from the "Tengizchevroil" LLP business activity which extracts oil in Atyrau region at Tengiz and King Deposits.
According to Coordinator of the Public and Governmental Affairs Department Svetlana Kairgaliyeva, the gross amount of payments covers royalty, different taxes, salary to Kazakhstani employees as well as the funds spent for procurement of goods and services.
The largest sum of payments of the Company was fixed in 2008 - over USD 8 bln. This was caused by high price for oil in the world market.
Totally, since the moment of the establishment of the joint American-Kazakhstani oil-extracting enterprise in 1993 Kazakhstan received USD 36 bln.