BAKU, Azerbaijan, June 2. Kazakhstan’s national
oil and gas company KazMunayGas and Türkiye discussed prospects for
cooperation in the oil and gas sector, including joint exploration
initiatives and the development of promising geological projects,
Trend reports via the
company.
The issue was discussed during a meeting between Chairman of the
Board of KazMunayGas Askhatt Khasenov and Türkiye’s Minister of
Energy and Natural Resources Alparslan Bayraktar on the sidelines
of Baku Energy Week-2026 in Baku, on June 1.
During the talks, the sides focused on cooperation between
KazMunayGas and Turkish Petroleum Corporation (TPAO) in geological
exploration. The parties noted a high level of interaction between
specialists of the two companies, particularly in the exchange of
geological data aimed at assessing promising projects in both
countries.
Currently, TPAO is carrying out internal procedures for the
technical and economic evaluation of the Bolshoy Zhambyl (Greater
Zhambyl) block in the North Caspian Sea, which was selected
following its review of KazMunayGas’s exploration project
portfolio.
