OREANDA-NEWS. On April 22, 2009 Secretary of State Kanat Saudabayev Received at Akorda Newly Appointed Vice Chairman of Chevron Corporation John Watson. The sides discussed the state and prospects for cooperation in energy resources development in Kazakhstan, reported the Official website akorda.kz.

“Being a first foreign company to develop oil and gas resources in Kazakhstan, Chevron constantly attracts special attention of the country’s leadership,” the Secretary of State stated at a press briefing, having emphasized not only the importance of further increase in oil products production and transportation capacity but social responsibility of the company.

Chevron participates in seven joint ventures that develop the country’s two biggest oil-producing projects – Tengiz and Karachaganak. Chevron is the largest private shareholder in the Caspian Pipeline Consortium pipeline. In 2008, TCO completed expansion project that considerably increased oil production capacity at Tengiz.

“Chevron honour the trust placed in us by Kazakhstan and President Nursultan Nazarbayev personally. And we always keep in mind that we should completely justify this high trust. The prospects for our further cooperation are impressive and we aim at fruitful cooperation with Kazakhstan as long-term and responsible partner,” John Watson stated.