KMG and CNPC Sign Agreement on Cooperation
OREANDA-NEWS. June 20, 2011. During the formal visit of the Chairman of PRC Hu Jintao to the Republic of Kazakhstan, JSC NC “KazMunayGas” (KMG NC) and China National Petroleum Corporation (CNPC) signed the Agreement on Scientific-and-Technological and Innovation-Based Cooperation. The Agreement was signed by Chairman of the Management Board of JSC NC “KazMunayGas” Kairgeldy Kabyldin and CNPC’s Vice President Wang Dong Jin.
This Agreement is to create the vehicle for open and mutually beneficial cooperation between
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- I strongly believe that this agreement will become a new stage of cooperation between CNPC and National Company “KazMunayGas”. In its turn, CNPC is willing to share its experience, technologies in hydrocarbon exploration and production, manufacturing of petroleum equipment, and special attention will be given to the matters of training of scientific and engineering personnel, - Wang Dong Jin said.
Under the Agreement, the parties plan on developing joint scientific-and-technological projects, incl. creation and development of the petroleum industry research-and-development center in the “
The parties have further agreed on rendering technical and technological support on the projects for joint production of modern oil and gas equipment based on the machine-manufacturing plants of
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