KazMunayGas and Uzbekneftegaz signed a cooperation agreement to jointly develop oil product marketing and logistics, set up crude oil supply to Uzbekistan, and ensure oil transit across Kazakhstan.
Uzbekneftegaz also signed a memorandum of understanding with Kazakhstan’s energy ministry to cooperate in oil and gas industry.
According to KazMunayGas, KazTransOil pipelines may be reconstructed and expanded as part of Uzbekistan’s modernization projects.
KazMunayGas will technically assist Uzbekneftegaz in upgrading existing oil refineries and building a new one in Uzbekistan. (UzReport/Business World Magazine)
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