ASTANA, Kazakhstan, December 23. KazMunayGas
(KMG) and China Nationwide Petroleum Company (CNPC) talk about the
improvement of superior applied sciences to enhance oil manufacturing
effectivity and develop the capability of the Shymkent Refinery,
Development reviews.
Throughout a working journey to the Folks’s Republic of China, the
Chairman of the Board of KazMunayGas (KMG), Askhat Khassenov, held
a gathering with the President of CNPC, Hou Qijun, in Beijing.
Throughout the talks, cooperation in geological exploration,
enhancing oil manufacturing effectivity, increasing the capability of the
Shymkent Refinery, and implementing oil and gasoline chemical tasks
have been mentioned.
As a part of the joint work with CNODC (a subsidiary of CNPC), new
areas on the jap fringe of the Caspian despair are being
studied. Scientific and technical developments aimed toward rising
the oil restoration issue from low-margin and hard-to-recover oil and
gasoline fields have been thought-about. Fields for testing enhanced oil
restoration applied sciences have been recognized.
The businesses additionally exchanged views on the subsequent steps for the
undertaking to develop the capability of PetroKazakhstan Oil Merchandise
(PKOP) from 6 to 12 million tons.
The outcomes of the Urea undertaking, which produces an essential
nitrogen fertilizer for home farmers, have been additionally mentioned. The
undertaking’s capability is 1.2 million tons per yr, with a price of
about $1.5 billion.
On the finish of the assembly, the events expressed confidence in
the profitable implementation of tasks and the strengthening of
the strategic partnership between KMG and CNPC.
To notice, CNPC (China Nationwide Petroleum Company) is the
largest Chinese language oil and gasoline firm. Its headquarters are in
Beijing. The corporate ranks 4th within the Fortune International 500. CNPC’s
recoverable reserves quantity to 1.65 billion tons of oil and 1.95
trillion m³ of gasoline.
