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Nazarbayev approved expansion of activities of Total in Kazakhstan

20 september 2011, 14:58
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Nursultan Nazarbayev and Nicolas Sarkozy in Palais de l'Élysée, Paris, on September 19. ©AFP
Nursultan Nazarbayev and Nicolas Sarkozy in Palais de l'Élysée, Paris, on September 19. ©AFP
Kazakhstan President Nursultan Nazarbayev and President of France Nikolas Sarkozy encouraged French Total to expand its activities in Kazakhstan. Noting the company’s role in implementation of the North-Caspian project, country leaders expressed their hope for the soonest oil production at Kashagan field (Total owns 16.81 percent in the project), RIA Novosti reports citing the joint declaration of the two Presidents adopted at the meeting in Paris.

Nazarbayev and Sarkozy approved signing of a number of agreements between Kazakhstan and French companies and particularly an Agreement on Strategic Partnership between KazAtomProm National Atomic Company and the Bureau of Geological and Mining Research (BRGM) and an Agreement between Kazakhstan Temir Zholy (national railroad company) and Alstom company on establishment of a joint company in Kazakhstan to produce electric rail switching mechanisms.

Both leaders noted a progress in negotiations between Astana city administration and Alstrom company on implementation of light tramway system project and wished the company completes the first stage sooner. The Presidents also called for the soonest creation o fa Kazakh-French commission on cooperation in space research and use for peaceful purposes.

The Presidents also noted the importance of cooperation between KazAtomProm and French nuclear corporation Areva, Kazakhstan Engineering and Eurocopter, as well as partnership between Kazakhstan Engineering and Thales to jointly produce telecommunication systems in Kazakhstan.

They emphasized the importance of negotiations initiated by Vallourec and Air Liquide on development of high-tech production in Kazakhstan and production of industrial gases.

During the meeting in Palais de l'Élysée the Presidents noted dynamic development of relations between the countries. According to Nursultan Nazarbayev, in 2010 France became the 4th major trade partner of Kazakhstan (after Russia, China and Italy). Commodities turnover with France in 2010 made $5 billion, which is 28 percent higher than in 2009.

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