On May 14th, the website of the Carniki International World Foundation published an article titled "Kazakhstan Seeks to Amend Contracts with Global Giants", and the following content is currently being compiled. 
Earlier this year, Kazakhstan's oil production averaged over 203,000 barrels per year, and the country's leaders were reminded that significant reforms were necessary for the oil industry. Since 2020, Kazakhstan's budget deficit has continued to increase, reaching 3% of its GDP last year. At the same time, according to contracts from the 1990s, Western oil giants obtained almost 100% of the oil field shares. 
In the early years of independence, Kazakhstan signed several agreements with Chevron, En Group, Shell and ExxonMobil to jointly develop three oil and gas fields in the country. This brought hundreds of billions of dollars in investment and advanced technologies to the country, and created tens of thousands of job opportunities. Among them, approximately 50 billion dollars was invested in the Kashagan oil field, 27 billion dollars in the Karachagan oil field, and approximately 48 billion dollars in the expansion of the Tanmen oil field. With these investments, Kazakhstan has become one of the largest oil producers in the world, currently producing 100 million tons of oil annually.