As part of a working trip to Kazakhstan, Deputy Prime Minister Alexander Novak and Deputy Prime Minister Alexei Overchuk met with Prime Minister of the Republic of Kazakhstan Askar Mamin.
The participants discussed key bilateral issues in the fuel and energy sector, including in the production and transport of oil and natural gas, and in the electric power industry. They also discussed Russian companies’ possible participation in the gas infrastructure development of northern and eastern Kazakhstan.
Russian-Kazakhstani bilateral and multilateral interaction in the fuel and energy sector is based on partnership and is steadily progressing, Alexander Novak noted during the meeting. “Russia and Kazakhstan’s electric power systems operate synchronously and are highly reliable,” he said. “In many ways, we cooperate via the CIS Electric Power Council, the Eurasian Economic Union, and OPEC+ in the oil sector. We continue to work closely on expanding existing oil projects and developing new and promising projects in the oil and gas sector. We are discussing the supplies of not only primary energy resources, but also petrochemicals to the republic.”
The petrochemical industry, including projects for the production of polypropylene, polyethylene and other products, are among the priority areas of the two countries’ energy relations. According to Alexander Novak, growing gas chemical production and the corresponding expansion of the LNG filling infrastructure will have a positive effect on bilateral trade.