Exploration

Sinopec and CNPC agree to bankroll Kazakhstan exploration projects

Kazakh state run companies will retain 50% stake in exploration projects while committing the remaining shares to Chinese partners

Kazakhstan’s President Kassym-Jomart Tokayev (right) shakes hands with China's President Xi Jinping in Astana during their meeting on 16 June 2025
Kazakhstan’s President Kassym-Jomart Tokayev (right) shakes hands with China's President Xi Jinping in Astana during their meeting on 16 June 2025Photo: KAZAKHSTAN PRESIDENT PRESS SERVICE/AFP/SCANPIX
European Correspondent
Published 17 June 2025, 11:23Updated 17 June 2025, 11:23
KazakhstanChinaKazMunayGazQazaqgazSinopec