Prime Minister Bakytzhan Sagintayev discusses the implementation of joint projects with CNPC management
Within the framework of the 30th meeting of the Foreign Investors Council, Prime Minister Bakytzhan Sagintayev met with the First Vice President of CNPC, President of PetroChina Company Limited Wang Dongjin.
The parties discussed implementation of joint projects, including the modernization of the Shymkent oil refinery and the Eurasia project, as well as prospects for further development of cooperation in the country’s oil and gas sector.
CNPC, along with Agip Caspian Sea B.V. (Italy), NEOS GeoSolutions (USA), Socar (Azerbaijan), LLC RN-Exploration (Russia) expressed interest in implementing the Eurasia project. This project was initiated by the Ministry of Energy of the Republic of Kazakhstan and aims at geological study of the cis-Caspian depression deep horizons to assess its resource potential.
Source: Government of the Republic of Kazakhstan