“KazMunayGas” and CNPC sign Agreement on Expanding Strategic Cooperation
On 18 May 2023, in Xi’an, as part of the visit of President of the Republic of Kazakhstan Kassym-Jomart Tokayev to China, JSC NC “KazMunayGas” and China National Petroleum Corporation (CNPC) signed an Agreement on Expanding Strategic Cooperation in the oil and gas industry.
Under the Agreement, it is planned to enhance cooperation in geologic exploration and oil refining, explore opportunities to increase the volume of transportation through the Kazakhstan-China oil pipeline, as well as develop human resources of the companies.
“KazMunayGas and CNPC have developed strong relationship of trust over many years of joint work, oil and gas projects that are important for Kazakhstan are being jointly implemented. The Agreement signed today is the next stage in strengthening the partnership between the companies,” said Magzum Mirzagaliyev, Chairman of the Management Board of JSC NC “KazMunayGas”.