Sanjar Zharkeshov, Chairman of the Board of QazaqGaz, and Dai Xiaoping, President of Geo-Jade Petroleum Corporation, signed a cooperation agreement as part of the state visit of the President of Kazakhstan to China.
The signed document will allow the parties to implement cooperation in the field of exploration for gas deposits in Kazakhstan. It is expected that the financing of the work will be carried out by Geo-Jade on the terms of 100% carry-financing.
In addition, the companies intend to cooperate in other areas in the fields of energy and industry. In turn, the effective interaction of the parties will become a tangible contribution to the development of the resource base of commercial gas.