The Transparency of Oil Contracts in Kazakhstan: A Strategy of Sustainable Development and Future Scenario
Article from: OGEL 4 (2007), in Roundup of Articles
Introduction
The very recent global initiative signed by Kazakhstan, "The Extractive Industries Transparency Initiative", was put forward by Tony Blair in 2002 and supported by the President of Kazakhstan. With respect to the new initiative, "Oil and Gas Contracts for Sustainable Development" , it should be noted that hypothetically it has the potential to motivate change, improvements and harmonisation within existing practice in the oil and gas sector. Kazakhstan, however, has a few problems which prevent it from implementing this programme effectively and entirely, for instance, ...