Egypt interested in expansion of cooperation in exploration of hydrocarbon resources
Astana. April 30. Kazakhstan Today - The negotiations with the management of the large oil and gas companies of Egypt took place on April 25-27th during the visit to Cairo of the delegation of JSC National Company KazMunaiGas headed by its vice chairman, Kenzhebek Ibrashev. During the negotiations the Egyptian party demonstrated interest in expansion of cooperation with the Kazakhstan companies in exploration and development of hydrocarbon resources in the territory of two countries, the agency reports citing the press service of the Ministry for Foreign Affairs of Kazakhstan.
"The negotiations with the management of the large oil and gas companies of Egypt, in particular EGPC, E-Gas, Enppi, Petrojet, SUMED, PICO and BG Egypt took place during the visit. During the negotiations the Egyptian party demonstrated an interest in expansion of cooperation with the Kazakhstan companies in exploration and development of hydrocarbon resources in the territory of two countries," the press release of the Ministry of Foreign Affairs informs.
According to the press service, during the visit the Kazakhstan delegation held the meeting with the Minister of Oil of the Arabian Republic of Egypt, Samih Fahmi, who confirmed intention of the Egyptian party to further develop bilateral cooperation in the field of oil and gas, having expressed an interest in participation of the oil and gas companies of Kazakhstan in development of power complex of Egypt. Oil Minister also expressed readiness to visit Kazakhstan in the near future to consider an opportunity of participation of the Egyptian oil and gas companies in realization of joint projects in the territory of Kazakhstan.
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