Nurlan Balgimbayev

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Nurlan Balgimbayev
Nurlan Balgimbayev.jpg
3rd Prime Minister of Kazakhstan
In office
10 October 1997 1 October 1999
President Nursultan Nazarbayev
Preceded by Akezhan Kazhegeldin
Succeeded by Kassym-Jomart Tokayev
Personal details
Born
Nurlan Utebovich Balgimbayev

(1947-11-20)20 November 1947
Guryev, Kazakh SSR
Died14 October 2015(2015-10-14) (aged 67)
Atyrau, Kazakhstan
Political party People's Union of Kazakhstan Unity

Nurlan Utebovich Balgimbayev (Kazakh : Нұрлан Өтепұлы Балғымбаев, Nurlan Ótepuly Balǵymbaev; 20 November 1947 – 14 October 2015) was Prime Minister of Kazakhstan from 10 October 1997 to 1 October 1999. He became President of the Kazakhstan Oil Investment Company in February 2002.[ citation needed ]

Kazakh language Turkic language

Kazakh or Kazak belongs to the Kipchak branch of the Turkic languages. It is closely related to Nogai, Kyrgyz, and Karakalpak. Kazakh is the official language of the Republic of Kazakhstan and a significant minority language in the Ili Kazakh Autonomous Prefecture in Xinjiang, China and in the Bayan-Ölgii Province of Mongolia. Kazakh is also spoken by many ethnic Kazakhs through the former Soviet Union, Afghanistan, Iran, Turkey, and Germany.

Prime Minister of Kazakhstan head of government of Kazakhstan

The Prime Minister of Kazakhstan is the head of government of Kazakhstan and the second most powerful person in the country after the President of Kazakhstan. The Prime Minister heads the cabinet and advises the President in the every day execution of the functions of the Parliament of Kazakhstan.

Contents

Biography

Nurlan Balgimbayev was a graduate of the Kazakh Polytechnic Institute. [1] [2]

Satbayev Kazakh National Technical University university

Satpayev University is the oldest and biggest educational center for all technical areas in Almaty, Kazakhstan.

From 1973 to 1986, Nurlan Balgimbayev worked in the oil industry, beginning as chief engineer of oil refinery Zhaikneft. In 1986, he was hired by the Soviet ministry of oil and gas. With the fall of the Russian block in 1991, Balgimbayev left for the US and studied one year at the University of Massachusetts and made a one-year internship at Chevron (1993-1994). Until 1997, he held different minister and vice-minister positions in the Kazakh government. From October 1994 to Marc 1997, Nurlan Balgimbayev was Minister of Oil and Gas. From March to October 1997, he was the president of KazakhOil (see Tengizchevroil). [3] [4]

University of Massachusetts university in Massachusetts, United States of America

The University of Massachusetts is the five-campus public university system and the only public research system in the Commonwealth of Massachusetts. The University system includes five campuses, and a satellite campus, with system administration in Boston and Shrewsbury. The system is accredited by the New England Association of Schools and Colleges and across its campuses enrolls 73,000 students.

Chevron Corporation American multinational energy corporation

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil, natural gas, and geothermal energy industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron is one of the world's largest oil companies; as of 2017, it ranked nineteenth in the Fortune 500 list of the top US closely held and public corporations and sixteenth on the Fortune Global 500 list of the top 500 corporations worldwide. It was also one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s.

Tengizchevroil is a joint venture between Chevron, ExxonMobil, KazMunayGas and LukArco. The joint venture was formed in April 1993, when the Kazakhstan government granted an exclusive 40-year right to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian Sea in Kazakhstan.

On 10 October 1997, he was named Prime Minister of Kazakhstan and remained in office up until 1 October 1999. [2] The choice for Balgimbayev was motivated by the following factors: the former Prime minister Akezhan Kazhegeldin was privatizing the oil and gas sector too fast and loose, Blagimbayev was already in talks with Russians for a major Caspian pipeline, and he was an IMF-sceptic like the President Nazarbayev. [5] Balgimbayev's plan was also to increase the production of Kazakh oil from 23 million tons to 170 million annually. [6] In 1998, he favored the sale of 40% of Tengiz oilfields to Chevron. [4]

Akezhan Kazhegeldin served as the 2nd Prime Minister of Kazakhstan from 12 October 1994 until his resignation on 10 October 1997, ostensibly for health reasons, though many saw it as an act protesting authoritarianism in Kazakhstan. He now heads the Republican People's Party of Kazakhstan, but lives in the West in exile. Adam Albion of Radio Free Europe characterized Kazhegeldin's efforts at democratizing Kazakhstan as "defiant, confrontational, and openly scornful of the idea" that Nursultan Nazarbaev, the President of Kazakhstan, "will ever share power willingly."

After his tenure as Prime Minister, he continued his career as President at state-owned KazakhOil from 1999 to 2002. Lyazzat Kiyinov replaced him after the merger between KazakhOil and Transport Nefti i Gaza companies into the new KazMunayGas. [7] In December 2007, he was appointed adviser to the President. [3] From 2002 to 2007, he managed his own company, the Kazakhstan Oil Investment Company. Since December 2009, Nurlan Balgimbayev had been the director general of a joint venture between KMG and Eni. [4]

KazMunayGas company

KazMunayGas (KMG) is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging Kazakhoil and Oil and Gas Transportation.

Eni Multinational oil and gas company based in Italy

Eni S.p.A. is an Italian multinational oil and gas company headquartered in Rome. Considered one of the global supermajors, it has operations in 79 countries, and is currently world's 11th largest industrial company with a market capitalization of 68 billion euros, as of August 14, 2013. The Italian government owns a 30.303% golden share in the company, 3.934% held through the state Treasury and 26.369% held through the Cassa Depositi e Prestiti. Another 2.012% of the shares are held by the People's Bank of China. The company is a component of the Euro Stoxx 50 stock market index.

On 14 October 2015, Balgimbayev died of cancer in Atyrau at the age of 67. [1]

Atyrau City in Atyrau Region, Kazakhstan

Atyrau, known as Guryev until 1991, is a city in Kazakhstan, and the capital of Atyrau Region. It is located at the mouth of the Ural River on the Caspian Sea, 2,700 kilometres west of Almaty and 351 kilometres east of the Russian city of Astrakhan.

Controversies

In 2003, the US justice linked Nurlan Balgimbayev to a $78 million bribe from US oil consultant James Giffen. [8] [9] [10] Nurlan Balgimbayev was also involved in a bribery case led by oil-industry fixer Friedhelm Eronat. [11] Coined as the Kazakhgate, the case implied the use of bribe money for luxury items and premium education fees in Switzerland. [4]

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Kаzаkhgаtе refers to the scandal surrounding James Giffen, an American businessman and former advisor of Kazakhstan president Nursultan Nazarbayev.

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Nurlan may refer to:

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Events in the year 1999 in Kazakhstan.

Nurlan Baiuzakuly Yermekbayev is a Kazakh politician and diplomat who has been the Minister of Defense of Kazakhstan since August 2018.

References

  1. 1 2 "Ex-Prime Minister of Kazakhstan Nurlan Balgimbayev Passed Away". azh.kz. 14 October 2015.
  2. 1 2 Ex-Prime Minister of Kazakhstan Nurlan Balgimbayev passes away, Inform.kz, 14 October 2015
  3. 1 2 Nurlan Balgimbayev appointed president's adviser, Kt.kz, 7 December 2007
  4. 1 2 3 4 Obituary: Kazakhstan’s Former PM and oilman Nurlan Balgimbaev, Menas.co.uk, 21 October 2015
  5. Ian Jeffries (2003). The Caucasus and Central Asian Republics at the Turn of the Twenty-First Century: A guide to the economies in transition. Routledge. ISBN   9781134341986.
  6. Michael P. Croissant (1999). Oil and Geopolitics in the Caspian Sea Region. Greenwood Publishing Group. ISBN   9780275963958.
  7. http://www.kmg.kz/main.php?page=inc/posted&mid=4&showm=3&type=menu&lang=eng Archived 2005-01-20 at the Wayback Machine
  8. Simon Goodley, Court documents allege 'corrupt' Kazakhstan regime's link to FTSE firms, Theguardian.com, 2 December 2010
  9. Christopher Pala, Oil scandal hits Kazakhstan, Russialist.org, 17 May 2003
  10. John Tagliabue, Kazakhstan Is Suspected Of Oil Bribes In the Millions, Nytimes.com, 28 July 2000
  11. Andrew Gilligan, Adrian Gatton, The mystery of Lord Mandelson's finances, Telegraph.co.uk, 11 July 2010
Political offices
Preceded by
Akezhan Kazhegeldin
Prime Minister of Kazakhstan
1997–1999
Succeeded by
Kassym-Jomart Tokayev