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Overview

CNPC AktobeMunaiGas provides $1 million USD for a special education fund to support Kazakhstani students

Commitments (Constant USD, 2023)$2,370,449
Commitment Year•2000Country of Activity•KazakhstanSector•EducationFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2000

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • China National Petroleum Corporation (CNPC)

Implementing agencies

Government Agencies

  • Akimat of Aktobe region
  • China University of Petroleum - Beijing (CUPB)

Joint Venture/Special Purpose Vehicles

  • CNPC AktobeMunaiGas JSC (CNPC AMG)

Loan description

CNPC AktobeMunaiGas provides $1 million USD for a special education fund to support Kazakhstani students

Narrative

Full Description

Project narrative

In 2000, CNPC AktobeMunaiGas (CNPC AMG), a Kazakhstan-based subsidiary of China National Petroleum Corporation, set aside $1 million USD for a special education fund to support young Kazakhstani experts, excellent students, and talented students from poor families. The funds were provided under a memorandum of economic cooperation between CNPC and the Akimat of Aktobe region. The education of 50 Kazakhstani students at China University of Petroleum - Beijing were covered under the funds from this fund, as were the education of another 11 students at Kazakhstani and Russian universities.

Staff comments

Project status was coded as "Completion" because it is evident that the funds were totally disbursed to the fund. AidData has assumed that "set aside" meant donated/granted; the language implies that this money went towards a scholarship fund, meaning that it was not a scholarship itself. Therefore, the flow type was coded as "Grant." "Year uncertain" was checked because it is not confirmed that this donation was committed to in 2000.