OREANDA-NEWS. May 23, 2011. The President received President of the European Bank for Reconstruction and Development Thomas Mirow. The sides discussed bilateral cooperation and the agenda of the upcoming EBRD Annual Meeting in Astana.

The President also held a meeting with Paolo Scaroni, Eni Chief Executive Officer and General Manager.

A range of issues on investment cooperation and realization of the company’s projects in Kazakhstan was discussed in the course of the meeting.

“During the talks with Mr. President, we discussed the status of all projects, including Kashagan which has seen substantial progress. In this project the first oil is expected in December 2012 or two-three months later than that. We also discussed Karachaganak project. The field is going to be further developed to boost gas production output. We have discussed the status of the agreement between Eni and KazMunaiGas. The agreement covers a number of directions – oil processing, gas processing, and construction projects at the Caspian Sea. President Nazarbayev supports us in all the directions. I congratulated the President on the victory at the presidential elections. Today we discussed the theme of industrialization and modernization of Kazakhstan. Much work had been done over the last years but we have to much work ahead. Kazakhstan is on its right way and we observe sufficient progress throughout the country. All partners whop participated in the session today affirmed their preparedness to contribute to Kazakhstan’s modernization and industrialization,” Paolo Scaroni said.