Chinese oil companies to extend oil and gas contracts with Kazakhstan

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Chinese President Xi Jinping with Kazakh President Nursultan Nazarbayev during his visit to the former Soviet republic, June 7, 2017.

25% of Kazakh oil is produced by Chinese companies.


ASTANA - Chinese oil companies intend to extend oil and gas contracts with Kazakhstan, the country’s President Nursultan Nazarbayev said during talks with Chinese President Xi Jinping in Akorda.

Xi arrived in Astana where he was expected to participate in the SCO Summit and Opening Ceremony of EXPO-2017 on June 8.

“We discussed energy cooperation; 25% of Kazakh oil is produced by Chinese companies. Now they [the Chinese side] are offering a question on the extension of contracts. We will s...


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