News 2011
#2 (68), April 2011CNPC
Chinese National Petroleum and Gas Corporation CNPC declared on February 23 about signing an agreement with the Kazakhstan national company KazMunayGas on a joint development of the huge gas field Urikhtau in the Aktyubinsk region in the western part of Kazakhstan.
This agreement has become one of the eight agreements concluded earlier by two countries during a three-day visit of the President of Kazakhstan Nursultan Nazarbayev to Beijing, informs AFP News Agency. CNPC and KazMunayGas will form a JV to develop the Urikhtau field on an equal basis. No information is available on the deal's financial details.