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Agreement on Intent for establishment of International Center for Development of Oil and Gas Machine Building.

Tengizchevroil LLP, Karachaganak Petroleum Operating B.V. and North Caspian Operating Company N.V. become sole members of Association.

• Obtaining and processing of the Operators' demands for Valves, Electrical equipment, Instrumentation (Commodity Group A).
• Visits to production sites of manufacturers of goods under Commodity Group A.
• Work with local manufacturers, potential investors and OЕМs.

Operators are presented with a report containing the results of data analysis of the consolidated demands and local market study of manufacturers under Commodity Group A. Initial recommendations on priority goods and their localization is provided.   

IMB Center with support of the Ministry of Industry and Infrastructural Development of the RoK, Ministry of Energy of the RoK, major oil and gas Operators Tengizchevroil LLP, North Caspian Operating Company N.V. and Karachaganak Petroleum Operating B.V. has conducted the first Forum in Astana, dedicated to the development of oil and gas machine building in Kazakhstan.   
The event was attended by representatives of foreign and local machine building enterprises, associations, development institutes and oil and gas companies.

• Summarization of technical specifications of goods with relatively high demands in the Commodity Group A, gap analyses of manufacturers and preparation of capacity development plans.
• Obtaining and processing Operators' demands data for Linepipe & piping, Pumps & seals, HVAC, Process Filters (Commodity Group B).
• Visits to production sites of manufacturers under Commodity Group B.
• Work with local manufacturers, potential investors and OEMs.

Obtaining approvals on issues contributing to the development of the oil and gas machine building industry of the RoK.

• Sale of goods at zero VAT rate: Received official confirmation on the applicability of the tax code norms in terms of the possibility of contracting local manufacturers with TCO, NCOC and Dunga at zero VAT rate.
• Reimbursement of expenses for international certifications: Joint work and principle agreement between MIID RoK and QazIndustry to increase the budget and threshold for reimbursement of expenses for international certification.

IMB Center held the second Forum dedicated to the development of oil and gas machine building in the Republic of Kazakhstan. The Forum became a venue for informing stakeholders about the current activities of the Center, the Forum participants received answers to their questions and exchanged opinions.

In the official part of the Forum, the Deputy Prime Minister of the Republic of Kazakhstan A. Kulginov, Vice Minister of Energy A. Khasenov, Vice Minister of Industry and Infrastructural Development I. Sharhan and Chairman of the Board of the Association of Kazakhstan Machinery Industry gave welcoming speeches.

• 7 Capacity Development Plans and recommendations for local manufacturers, prepared and agreed with them for further implementation.
• 19 MoUs with potential investors and OEMs that expressed interest in localizing their production in the RoK.
• 14 Localization Cases were developed with potential investors and OEMs and were submitted to Operators for consideration.
• Defining and obtaining data on Commodity Group C (Material & Product Handling Equipment, Heat Exchangers/Heat Transfer Equipment, Safety & Fire Fighting Equipment, Chemicals/Oils/Paints, Insulation and Refractory Materials).