ASTANA, Kazakhstan, April 9. KazMunayGas (KMG)
Deputy Chairman Shafkat Kudabayev and Korea National Oil
Corporation (KNOC) President Son Ju Seok have discussed prospects
for expanding cooperation in geological exploration in Astana,
Trend reports via
KMG.
The parties reviewed opportunities for bilateral engagement in
exploration projects. As part of earlier cooperation, KNOC
specialists were introduced to KMG’s portfolio through dedicated
sessions on promising exploration blocks.
Currently, KNOC is considering potential participation in new
projects from KazMunayGas’ steadily expanding exploration pipeline.
Following the meeting, the sides expressed readiness to intensify
contacts on key areas of cooperation.
KNOC, founded in 1979 and headquartered in Ulsan, is South
Korea’s national oil company. It manages the country’s strategic
petroleum reserves, is involved in refining operations, and
develops fuel retail infrastructure, including digital solutions
for monitoring and managing the fuel market.
