Kengir Reservoir Returns to State Ownership from Kazakhmys
Photo: 2gis.kz
The hydraulic structures of the Kengir reservoir, which Kazakhmys controlled for many years, have once again become state property, Orda.kz reports.
The Ulytau Regional Prosecutor's Office highlighted the strategic importance of the facility for the region, so it contacted the Ministry of Water Resources to transfer it to the state.
A donation agreement was concluded, and an acceptance certificate was signed.
The reservoir, built in 1952 (319 million cubic meters) and its hydraulic structures are strategic objects, and therefore must be in state ownership. At one time, they were transferred to the balance sheet of the city-forming enterprise TOO 'Kazakhmys Distribution' the department commented.
The founder (stakeholder) of Kazakhmys Distribution LLP is the Dutch-registered company KCC BV.
According to open data, it is controlled by oligarchs Vladimir Kim and Eduard Ogai.
The authorities will now inspect the condition of the reservoir and its infrastructure to determine measures for modernization and further operation.
Original Author: Alina Pak
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
