Kazakhstan: layoff of 40, 000 oil workers for price drop
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Kazakhstan: layoff of 40, 000 oil workers for price drop

Kazakhstan: layoff of 40, 000 oil workers for price drop

di lettura
(AGI) - Astana, nov. - The oil-rich Kazakhstan is starting tofeel the effects of falling oil prices. Kazakhstan's EnergyMinister Vladimir Shkolnik announced that the salaries ofworkers in the oil and gas sector would be reduced by 31% inthe near future. "In 2015 the gross income of Kazakhstanisubsoil users has fallen sharply (by 52%) compared to 2014. Itis not hard to predict that the salaries in the sector mightdecline by 30-31%", the minister noted. Shkolnik also admittedthat up to 40,000 oil workers could to face layoffs for thesame reasons. "If the (oil) price remains at the current level,up to 40,000 oil workers in Kazakhstan can lose their jobs", hestressed. (AGI).
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