BAKU, Azerbaijan, June 1
By Nargiz Sadikhova - Trend:
Kazakhstan’s Crystal Management JSC operating in country’s Almaty region has obtained a license for geological exploration of mineral resources, Trend reports with reference to the Kazakhstan Stock Exchange (KASE).
The Crystal Management JSC presented the license to be published by KASE today, Jun. 1, 2020.
The company’s report published by KASE said that the license was issued on May 26, 2020 by Committee of Geology of Kazakhstan’s Ministry of Ecology, Geology and Natural Resources.
Crystal Management JSC has been working in the power generation industry since 2008. The company has been involved in the subsoil use activity since 2014.
The company has successfully built and operates a gas turbine power plant at the Akshabulak field in Kazakh Kyzylorda region. The company built this facility on a loan from the Kazakhstan’s Development Bank and funds from Kazakhstan’s National Fund.
Crystal Management also carries out hydrocarbon exploration on the licensed area in the western part of the South Torgai Depression within the Kyzylorda, Karaganda and Aktobe regions.
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