The Prime Minister of Kazakhstan, Alikhan Smailov, and the President of Sinopec, Yu Baotsai, met in Astana on Tuesday to discuss new projects in the oil and gas sector, Turanews.kz reports.
Smailov said that Kazakhstan is interested in attracting Chinese investment in the development of its petrochemical industry. He specifically mentioned the “anchor” Polyethylene project, which is expected to have a significant impact on the country’s economy.
Baotsai said that Sinopec is willing to participate in the Polyethylene project and other promising projects in Kazakhstan. He also expressed his interest in organizing a professional internship for Kazakh oil and gas professionals in China.
The meeting was seen as a sign of the growing cooperation between Kazakhstan and China in the energy sector. The two countries have already signed a number of agreements in recent years, and this meeting is likely to lead to further cooperation in the future.
The meeting was also seen as a way to improve relations between Kazakhstan and China. The two countries have had some disagreements in recent years, but this meeting is a sign that they are committed to working together.
The cooperation between Kazakhstan and China in the energy sector is important for both countries. Kazakhstan is a major producer of oil and gas, and China is a major consumer. The two countries can benefit from each other’s strengths.
