Chaired by First Deputy Prime Minister Nurlybek Nalibayev, the fifth meeting of the working group on Kazakh-Chinese cooperation in the oil and gas industry was held.

The event was attended by Minister of Energy Yerlan Akkenzhenov, Head of China National Petroleum Corporation (CNPC) Zhou Xinhuai, as well as leaders and representatives of national oil and gas companies from both countries.

The parties discussed the current state and development prospects of bilateral cooperation, as well as the progress of executing previously reached agreements.

Nurlybek Nalibayev noted the high level of comprehensive strategic partnership between Kazakhstan and China, emphasizing the importance of timely implementation of joint projects in the energy sector.

Issues regarding increasing oil supply volumes, expanding pipeline throughput capacity, stepping up geological exploration, developing cooperation in the gas sector, expanding the capacity of the Shymkent Oil Refinery, implementing petrochemical projects, and collaborating in new energy directions were also discussed.

Ways to continue cooperation in subsoil use, extend the terms of existing contracts, and resolve issues arising during the implementation of joint projects were reviewed.

Following the meeting, Nurlybek Nalibayev noted the importance of accelerating the implementation of joint projects, making mutually beneficial decisions on key issues, and ensuring the timely fulfillment of agreed commitments.

#Energy #International Cooperation #Nurlybek Nalibayev

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