Kazakhstan to start talks with Tengizchevroil on PSA revisions, energy minister says

ASTANA, Jan 29 (Reuters) - Kazakhstan plans to hold preliminary consultations with the country's biggest oil producer, Chevron-led CVX.N Tengizchevroil, on revising production sharing agreements (PSAs), Energy Minister Almasadam Satkaliyev said on Wednesday.

Speaking at a briefing a day earlier, Satkaliyev had said that the state might raise its share in oil projects developed by international energy firms, change operators or renegotiate contracts.

President Kassym-Jomart Tokayev on Tuesday ordered the government to step up talks with international oil companies about an extension of existing PSAs on "better terms".