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Sovereign Wealth Funds Briefing - Categorized | Market

Kazakhstan to increase oil exports to China

Posted on 08 April 2013

Kazakhstan and China have signed a number of bilateral documents within the frameworks of the President Nazarbayev’s visit to China, a Tengrinews.kz journalist reports from China. Samruk – Kazyna Sovereign Wealth Fund and China Council for Promotion of International Trade have agreed on establishing a Kazakh-Chinese Business Council. Besides, Samruk – Kazyna has signed a Roadmap Program to strengthen economic and investments-related relations with China’s CITIC Group.
Kazakhstan’s KazMunaiGas National Oil and Gas Company and China’s CNPC have agreed on the major principles of cooperation to expand and jointly operate the Kazakhstan – China oil pipeline………………………………………..Full Article: Source


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