Kazakhstan can increase the supply of oil to China from 7 to 20
million tonnes, the press service of Akorda reported last Monday.
Kazakhstan’s President Nursultan Nazarbayev at a briefing following
the results of a visit to China said the possibility of supply of Kazakh
oil to China would increase in connection with the commissioning of the
largest oilfield Kashagan.
"Now we are supplying to China about 7 million tonnes of oil per
year, but this figure can be increased to 20 million tonnes. We also can
increase the supply of gas from to China. All of this raises a new
level of trade turnover between our countries,” Akorda quoted Nazarbayev
as telling a briefing.
The Kazakh President also said that at the first time the parties
reached an agreement on the delivery Kazakh wheat, pulses and oilseeds,
as well as meat and poultry to China.
"Thus, we open the way for our agricultural producers. I think this
is very good news. However, the Chinese side has very strict
requirements on the quality of goods and phytosanitary. Our farmers
should be prepared for it,” Nazarbayev added.
He also said that Astana and Beijing reached an agreement on the
construction of modern joint ventures in Kazakhstan. "Fifty one objects
included in this list, two of which have already been built, the
construction of four facilities totaling $ 2.5 billion will be completed
this year. In total, over five years, we plan to build the company a
total value of $ 26 billion. In addition, for support of these projects
are joint Kazakh-Chinese funds, for example, the Foundation for the
development of the Silk Road,” the Kazakh head of state said.
Nazarbayev said that the chairman of the State Council Li Keqiang would arrive on a visit to Kazakhstan in the near future.
https://www.neweurope.eu/article/kashagan-help-boost-kazakh-oil-supplies-china/