Tengrinews TV Радио Tengri FM Радио Жұлдыз FM Laws of Kazakhstan
KZ RU EN
Write us +7 (727) 388 8020 +7 (717) 254 2710
искать через Tengrinews.kz
искать через Google
искать через Yandex
USD / KZT - 334.48
EUR / KZT - 355.62
CNY / KZT - 48.58
RUB / KZT - 5.25

Vietnam may join Kazakhstan in oil production

11 september 2012, 16:05
0
Delegation of KazMunaiGas. Photo courtesy of KazMunaiGas©
Delegation of KazMunaiGas. Photo courtesy of KazMunaiGas©
Photo courtesy of KazMunaiGas©
Photo courtesy of KazMunaiGas©
Signing documents. Photo courtesy of KazMunaiGas©
Signing documents. Photo courtesy of KazMunaiGas©
Photo courtesy of KazMunaiGas©
Photo courtesy of KazMunaiGas©
Kazakhstan will produce oil jointly with Vietnam. Kazakhstan and Vietnam have signed a memorandum of understanding on September 11. The document was signed by KazMunaiGas chairman Lyazzat Kiinov and head of Vietnamese oil and gas corporation PetroVietnam Do Van Hau, Tengrinews.kz reports citing the press-service of KazMunaiGas national oil and gas company.

“The memorandum of understanding signed by the companies lays a foundation for joint exploration, development and production of hydrocarbons at the untapped onshore block in Mangistau oblast at the territory of Kazakhstan.

“The parties intend to develop bilateral cooperation in exploration and production of hydrocarbons. PetroVietnam, being an oil and gas company with ample experience in exploration and production of oil and natural gas, expressed interest in exploration and production of hydrocarbons at the territory of Kazakhstan,” the press-service writes.

According to the press-service, this July the companies signed an agreement on technical services that enables KazMunaiGas to render technical services to PetroVietnam corporation.

“The results of the services will define the prospects of further exploration works at the block in question. Should the area meet the expectations, the companies will continue their joint operations in line with the memorandum terms, and will start negotiating commercial, technical and contract terms, including the companies’ shares in the project,” the company states.

Нравится
Add comment
Most Read
Most Discussed