Subscribe free to our newsletters via your
. Space Industry and Business News .




ENERGY TECH
China, Kazakhstan eye deals worth $30 bln
by Staff Writers
Astana, Kazakhstan (AFP) Sept 07, 2013


Kazakhstan and China plan to sign 22 agreements worth around $30 billion, including in the key energy sector, Kazakh President Nursultan Nazarbayev said Saturday after talks with his Chinese counterpart Xi Jinping.

"We've reached an agreement on building an oil refinery which Kazakhstan needs," Nazarbayev told reporters after hosting Xi at his Akorda residence.

The Chinese leader for his part said his country would become a shareholder in the Central Asian country's Kashagan oil field, one of the world's largest.

"An agreement has been reached between the two countries about China's participation in the development of the Kashagan field," he said.

Under the deal, Kazakhstan's state energy company KazMunaiGas is expected sell an 8.33 percent stake in the oil field to state-owned China National Petroleum Corp (CNPC).

Beijing is eagerly eyeing the vast oil and gas resources of ex-Soviet Central Asia for its fast growing domestic economy and is also keen to assert its political influence in the strategically located region.

The two leaders also signed a joint declaration pledging to ramp up their countries' strategic partnership, a term reserved for close allies.

"Today our cooperation is entering a new level," Xi said in a speech at a university in Astana.

"As they say, close neighbours are closer than distant relatives. We assign high priority to our relations with the Central Asian countries."

His visit to Kazakhstan is part of a high-profile four-nation regional tour.

Earlier this week, the Chinese president visited the reclusive energy-rich nation of Turkmenistan where he launched production from the world's second-largest gas field the two countries are developing together.

He is to travel to Uzbekistan and Kyrgyzstan next.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Destabilization fears over Somalia's first oil deal
Mogadishu, Somalia (UPI) Sep 6, 2013
There are growing concerns that a groundbreaking oil exploration contract between the Western-backed transitional government of war-torn Somalia and a British-registered company could further destabilize the East African country. East Africa is experiencing a major oil and natural gas boom that will transform the economies of a half dozen states on Africa's Indian Ocean coast, so the pr ... read more


ENERGY TECH
World's First Full Color 3D Desktop Printer Destined For High Schools

Lockheed Martin-Built A2100 Satellites: Over 400 Cumulative Years In Orbit And Counting

GSAT-7 Satellite Placed in Geosynchronous Orbit

A completely new atomic crystal dynamic of the white pigment titanium dioxide discovered

ENERGY TECH
New Military Communications Satellite Built By Lockheed Martin Launches

US Navy Poised to Launch Lockheed Martin-Built Secure Communications Satellite for Mobile Users

Northrop Grumman Moves New B-2 Satellite Communications Concept to the High Ground

Canada links up on secure U.S. military telecoms network

ENERGY TECH
Arianespace to "reach for the stars" with its Soyuz launch of Europe's Gaia space surveyor spacecraft

Ariane 5 build-up is completed for Arianespace upcoming flight with EUTELSAT

Russian rocket engine export ban could halt US space program

The go-ahead is given for Ariane 5 mission to orbit EUTELSAT 25B/Es'hail 1 and GSAT-7

ENERGY TECH
Galileo's secure service tested by Member States

European Union countries in test of home-grown GPS system

Satellite tracking of zebra migrations in Africa is conservation aid

'Spoofing' attack test takes over ship's GPS navigation at sea

ENERGY TECH
Aerospace firms expand supply, services networks in Poland

India inducts first three Boeing Globemasters

NASA Crashes Helicopter to Study Safety

EU ready to compromise over airline carbon tax: EU sources

ENERGY TECH
How brain microcircuits integrate information from different senses

Scientists Find Asymmetry in Topological Insulators

Speed limit set for ultrafast electrical switch

NRL Researchers Discover Novel Material for Cooling of Electronic Devices

ENERGY TECH
NASA's Landsat Revisits Old Flames in Fire Trends

NASA Data Reveals Mega-Canyon under Greenland Ice Sheet

Map carved onto surface of ostrich egg may be oldest showing New World

Thai villagers mistake Google worker for government snoop

ENERGY TECH
Detached pipe cap caused deadly China ammonia leak: officials

Hundreds of thousands of fish killed by China pollution

Haze returns to Indonesia as fires rage

Home cooking, traffic are sources of key air pollutants from China




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement