Reporting meeting of the Deputy General Director for Economics and Finance with employees of the structural unit of Beineu-Shymkent Gas Pipeline LLP

On September 23, 2016, Shabdukarimov S. B., Deputy General Director for Economics and Finance of Beineu-Shymkent Gas Pipeline LLP, held a meeting with employees of the structural unit. On the agenda was the question of the results of the work done by the economic unit for the 1st half and plans for the 2nd half of 2016. Deputy General Director for Economics and Finance Shabdukarimov S. B. noted the most important, among them: the increase in net income by 12 718 152 thousand tenge in comparison with the planned indicators; the signing of the agreement on amendments and additions to the Loan agreement and Financial documents with the deadline for completion of phase 1 of the Project until 30 June 2017 and prolongation of guarantees for completion of phase 1 of the KMG and CNPC project until 30 September 2017.

Following the rules of the meeting, Shabdukarimov S. B. outlined the main plans for the 2nd half of 2016: work on the financing of the 2nd Stage, taking into account the decisions on the SC Karaozek; work on the signing of the contract “ship or pay”; on the placement of money on deposits and effective currency exchange operations; on optimization and cost savings, on the indexation of the tariff to the level of $ 60.

At the end of the reporting meeting, Shabdukarimov thanked his colleagues for their fruitful work and wished them further productive work.