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Caspian Energy Journal Caspian European Club
Tuesday, 29 May 2018 16:30

Ministry of Energy of Kazakhstan signs memorandum

Ministry of Energy of Kazakhstan signs memorandum

At the meeting of investors, the Ministry of Energy of the Republic of Kazakhstan, Samruk-Kazyna Welfare Fund and the Austrian Company Borealis signed memoranda about major conditions of cooperation in construction of the gas chemical facility in the Atyrau region, Caspian Energy News (www.caspianenergy.net) reports with reference to the press service of the Ministry of Energy of the Republic of Kazakhstan.

“Investors are interested in implementation of the project in Kazakhstan”, Chairman of the Board of Borealis Company Alfred Stern.

It is noteworthy that Borealis is ranked among top 4 largest companies-producers of polyethylene in the world. Shareholders of Borealis are Mubadala (UAE) – 64% andOMV (Austria) – 36%.

 

More details: http://energo.gov.kz/index.php?id=19788

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