Wang Yilin pays an official call to Prime Minister of Kazakhstan Bakytzhan Sagintayev
2017/06/09

On June 6, during his working visit in Kazakhstan, CNPC Chairman Wang Yilin met with Kazakhstan's Prime Minister Bakytzhan Sagintayev in Astana.

Mr. Wang Yilin briefed on the achievements of Sino-Kazakh oil and gas cooperation over the past two decades, and expressed his hope to further promote cooperation between the two sides under China's Belt and Road Initiative and Kazakhstan's Bright Road Initiative. So far, CNPC has cumulatively produced and processed crude oil of 290 million tons and 54.74 million tons respectively. For pipeline construction and operation, the annual deliverability of the Kazakhstan-China Oil Pipeline and the Kazakhstan-China Gas Pipeline stand at 20 million tons and 55bcm respectively, and the Second Kazakhstan-China Gas Pipeline has become operational. CNPC's investment and taxes paid in Kazakhstan both exceed USD 40 billion. Additionally, CNPC has spent USD 350 million in local public welfare undertakings, and provided more than 30,000 jobs for the local people.

Prime Minister Bakytzhan Sagintayev spoke highly of the oil and gas cooperation between the two countries. He expressed his appreciation to CNPC's efforts in supporting the country's economic development and shouldering its corporate social responsibilities, as well as his wish to see further progress in bilateral cooperation.

On the same day, Mr. Wang met with Sauat Mynbayev, Chairman of the Board of NC "KazMunayGas" JSC. On behalf of the two companies, they signed an agreement on the modification of Shymkent refinery and an MOU on natural gas export to China. On June 7, Mr. Wang Yilin and Kazakhstan's Minister of Energy Kanat Bozumbayev had a meeting, and signed an MOU on extension of petroleum contract between Kazakhstan's Ministry of Energy and CNPC.