/KASE, September 22, 11/ - National Company KazMunayGaz (Astana), whose bonds
are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press-release of September 22, 2011:
quote
On September 22 this year CEO of JSC NC KazMunayGaz, Kairgeldy Kabyldin and
President of Sinopec Group corporation, Van Tyanpu have signed a Mutual
Understanding Memorandum.
According to the Memorandum, the parties expressed their interest in developing
co-operation in Kazakhstan or third countries in the following directions: oil
exploration and production, gas processing, oil processing and petrochemicals,
engineering and technical services, IT.
As it is known, NC KMG and Sinopec Group corporation have been jointly
modernizing the Atyrau oil refinery. In September 2009 Sinopec Engineering
(subsidiary of Sinopec Group) won the tender for building the aromatic
hydrocarbons production unit at Atyrau oil refinery.
unquote
The full version of the press-release is available on KASE website, at
http://www.kase.kz/files/emitters/KMGZ/kmgz_reliz_220911.pdf
[2011-09-22]