Kazakhstan content development program
Throughout the history of its production and economic activities, we have strived to establish and expand sincere partnerships with a wide range of Kazakh suppliers and manufacturers. The company confirms its deep interest in the comprehensive development of the Kazakhstan market of competitive goods, works and services.
We are one the leading oil and gas operator in the Astana region and one of the leaders in the oil and gas industry in Kazakhstan. Of course, the Company achieved such great results not without the efforts of related suppliers and contractors. The management of the Joint Stock Company always expresses sincere gratitude to all counterparties for their policy of active business cooperation.
Within the framework of its own development programs, we constantly increases the share of Kazakhstani content in the purchase of industrial and industrial components, and always considers the joint development of local manufacturing enterprises to be the most important responsibility. The achievements of the Joint Stock Company in the field of interaction with Kazakh manufacturers are directly related to the launch of new enterprises throughout Kazakhstan that have established the production of one or another competitive product. HTS Exploration Ltd is deeply interested in further expanding the product range of Kazakh goods and materials, in deepening its purchasing cooperation with Kazakh manufacturers in the name of market progress, social well-being and growth of commodity-producing sectors of the Kazakh economy.
These and many other partner companies have been in stable cooperation with HTS Exploration Ltd for a long time. Illustrating our work, it is worth emphasizing, for example, that we annually sign contracts with local suppliers for the supply of food products, such as fresh meat, eggs, flour, dairy products, butter, sugar and other items, which directly contributes to the development of the local livestock industry. In the course of cooperation, AstanaMunayMashKomplekt LLP has transformed from a small oilfield engineering workshop into a professional company producing a wide range of oil equipment.
As for works and services, it is necessary to emphasize the importance of a stable order from us for Kazakh-Chinese Drilling Company Great Wall LLP and Vostokneft and Service LLP. As a result of our cooperation, these service companies have become one of the few specialized companies in Kazakhstan engaged in high-quality drilling of ultra-deep wells.
To support the development of local enterprises and within the framework established by the procurement rules in the territory of the Republic of Kazakhstan, HTS Exploration Ltd has signed single-source contracts with manufacturers with a share of local content exceeding 65%. This procurement policy provides ample opportunities for the development of competitive Kazakh enterprises. We always focus on Kazakhstani goods, works and services that can best meet the needs of our Company and have a decent level of quality and competence.
We have set a course for conducting tender procedures specifically for manufacturing enterprises in order to increase their potential competitiveness and increase the chances of receiving orders. In addition, for all suppliers and manufacturers with local content certificates, when participating in the tender, a 20% conditional discount is equally provided, which is also associated with the development of competitiveness for obtaining a future order.
To ensure the guaranteed promotion of locally produced products in the process of production and economic activities of our company, we also impose strict requirements on our contractors and subcontractors, motivating them to buy local products through open tenders; otherwise, a fine will be imposed on these contractors.
When carrying out the procurement process, we always ask NPP ATAMEKEN to recommend to us the widest possible range of potential contractors. At the same time, we provide monthly multidisciplinary tender information to the “Department of Industrial and Innovative Development of the Astana Region” in order to obtain assistance in finding potential suppliers.
We support the commitment of Kazakh businesses to launch new production facilities in the country to further increase the Kazakh content in purchases from subsoil users. This strategic approach will be aimed at increasing the potential of the economy of the Astana region and Kazakhstan as a whole.
In the tender process, is strictly guided by the “Rules for the acquisition of goods, works and services during subsoil use operations.” At the same time, the company adheres to the principles of “open doors”, transparency, economic benefit, and accepts a policy of supervision by the state, business and society. The joint-stock company also thanks all partners for their assistance and control in the implementation of the purchase of industrial and industrial materials, which is very important for improving our work in this area.
The oil workers of our company assure that they will persistently continue the course taken to increasingly attract competitive industrial and industrial components from Kazakhstani manufacturers, considering this as support for the sustainable multi-vector development of the Kazakh economy and as a choice in favor of increasing the efficiency of their own production.