KazMunayGas, ExxonMobil discuss cooperation prospectsKazMunayGas CEO Askhat Khasenov met with ExxonMobil Senior Vice President Peter Larden in Washington, the KazMunayGas press service said Tuesday."The sides discussed progress on the Tengiz and North Caspian projects, in which both companies are stakeholders. They also considered prospects for cooperation in investment, geological exploration and transportation, as well as the introduction of advanced technology and improved production efficiency in the oil and gas sector," KazMunayGas said.The KazMunayGas head noted during the meeting that the company is interested in further strengthening its partnership with ExxonMobil."We are ready to continue working with our American colleagues on current projects and within future initiatives for the sustainable development of Kazakhstan's oil and gas sector," Khasenov said.The sides confirmed their intention to expand cooperation in key areas, the KazMunayGas press service said.KazMunayGas is Kazakhstan's national operator for the exploration, production, processing and transportation of hydrocarbons, representing the state's interests in the oil and gas sector.ExxonMobil (U.S.) has operated in Kazakhstan since 1993. It holds a 25% interest in Tengizchevroil LLP, which develops the Tengiz field, a 16.81% interest in the North Caspian production sharing agreement covering the Kashagan field, and a 7.5% interest in the Caspian Pipeline Consortium (CPC). (ICE ALMATY)

Fonte notizia: INTERFAX