Kazakhstan aims for revision of contracts with Western oil majors

Q: How long will it take to read this news story?

The story "Kazakhstan aims for revision of contracts with Western oil majors" has 563 words across 25 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Kazakhstan aims for revision of contracts with Western oil majors" was covered 2 days ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 52 news stories per day. It's most recent story was published 24 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25576570</li><li>URL: https://chronographically.beamstart.com/news/kazakhstan-aims-for-revision-of-17380669493479</li></ul>

Channel News Asia Logo Channel News Asia 2d ago

Kazakhstan aims for revision of contracts with Western oil majors - Channel News Asia

Quick Summary:

ALMATY : Kazakhstan, one of the world's 10 biggest oil producers, stepped up pressure on international firms working in the country on Tuesday with a call for "better terms" in their contracts.

Eni, Shell and KazMunayGaz are also partners in Karachaganak, alongside Chevron and Russia's Lukoil, with investments of more than $27 billion.

"One of the possible conditions for extending the PSA may be an improvement in the terms of the contract, a change in the share of the Republic of Kazakhstan, or a change in certain operators," he said.