№ 5 (49), 2011 - KazEnergy

kazenergy forumtional community. Considerable contributionto these processes made by the energysector of Kazakhstan's economy that has becomenot only the engine of economic growthand modernization of the country, but also agood example of cooperation between stateinstitutions and foreign investors and privateentrepreneurial initiative.Since the early 1990s, nearly four-fold, to79.7 million tons, annual production of oiland gas condensate has increased, whichgreatly contributed to more than ten-foldgrowth of the national economy. Together,we nearly doubled the share of Kazakh-stanin the global oil market, and in uranium miningthe country reached a leading position inthe world, 17.8 thousand tons in 2010. Alreadyin 2015 the oil and condensate productionin the country will reach 95 million tonsper year, natural gas production - more than59 billion cubic meters per year"- states hiswelcoming speech.Timur Kulibayev also stressed that duringthe years of independence, a stable and dynamicstructure of the energy sector formed:Kazakhstan managed to attract impressiveinvestments, to balance the interests of participantsin the oil and gas market, namelypublic and private, domestic and foreign,multinational corporations and small businesses.At present, domestic priorities havebecome the innovative development, thestrengthening of local content, social responsibility,effective protection of the environment,the synthesis of basic scientificresearch and production infrastructure."In connection with this subject of the VIKAZENERGY Forum is very symbolic -" Kazakhstan:20 years of sustainable growth,new horizons for investments and cooperation".I am sure that the Forum will contributeto more effective co-operation of industrializedand producing nations, facilitate thedevelopment of mutual understanding andinternational partnership," - concluded theChairman of the Association.The importance of the changes occurring,invaluable experience of Kazakhstan powerindustry was stressed by CEO of the «KazenergyAssociation», Mr. DzhambulatSarsenov. According to him within 20 yearsof independence, all government policy documentshave emphasized the development ofthe energy industry, which is "followed byoil and gas engineering, infrastructure projects,oil pipelines, gas pipelines. The moneyinvested by investors in oil and gas sectorbanking business. Another serious task posedby the Prime Minister was the development oflocal content in the oil service sector. "Largeoil and gas and energy sector companies shallserve as a catalyst for the economic growthand development of small and medium-sizedbusinesses and domestic machinery," - athesis voiced by the future Prime Minister,assuring that the government will revise lawsto ensure the foreign investors comply withtheir commitment to attract local contentand personnel from among the citizens ofour Republic. The Prime Minister kept hispromise. But the Association made the localcontent issue a constant topic of discussionat the Coordinating Council involving foreigninvestors and international experts. The issueof Kazakhstani personnel training was selectedone of the priorities in the activities of theAssociation and its members. The result wasthe annual scientific conference on humanresources, conducted by a private institution -the Unified Personnel Development Centre ofNC KazMunayGas supported by KAZENERGY.2007In September 2007, the second KAZENERGYEurasian Energy Forum was held, purposedat the discussion of topical issues of oil,gas and energy sector: review of analyticalinformation, work out of proposals andrecommendations, coordination of commonapproaches to effective legal mechanismsand practical tools of the key economy sectorof Kazakhstan. During the event, a famous"Kashagan issue" was raised. Speaking ofthe oil and gas industry development, theeffective Prime Minister mentioned theproblems associated with the developmentof the Kashagan field. Karim Massimov said:"The Kazakh government is ready to engage inan open dialogue to address project issues atthe early stage, while I want to say openly, we12 № 5 (49), 2011