Kazakhstan and Geo-Jade Petroleum debate Sozak gas field production
Kazakh Prime Minister Olzhas Bektenov met with Wang Wentao, Chair of Directorate and President of Hong Kong Sino-Science Oil and Gas Co., Ltd. (Geo-Jade Petroleum), Kazinform News Agency learnt form the Government’s press service.
During the talks, they focused on oil and gas cooperation and the development of the unconventional gas production project at the Sozak gas field in Kyzylorda region.
The Prime Minister said Kazakhstan is interested in further mutually beneficial cooperation and expansion of the potential of non-traditional resources for strengthening energy security and ensuring the country’s economic growth.
Following the meeting, the sides agreed to further cooperate at the level of working groups.
Geo-Jade Petroleum Corporation is China’s largest company primarily focused on upstream exploration and oil and gas development. It has been working in Kazakhstan for over 10 years. Earlier, the company developed a package of large projects worth over 3 billion US dollars, which generated some 1,000 permanent jobs for the locals.
As written before, Kazakh Prime Minister Olzhas Bektenov chaired today a meeting of the board of directors of Samruk Kazyna JSC.