BAKU, Azerbaijan, June 25. Kyrgyzstan and
China’s Sinopec have discussed the implementation of joint projects
in the energy sector, including the establishment of joint
production and processing enterprises.
This was reported by the Cabinet of Ministers of Kyrgyzstan.
The issue was discussed during a meeting between Deputy Chairman
of the Cabinet of Ministers of the Kyrgyz Republic - Minister of
Water Resources, Agriculture and Processing Industry Erlist
Akunbekov and Chairman of the Board of Directors of Sinopec Hou
Qijun.
"During the meeting with Sinopec, which ranks among the world’s
largest oil and gas companies, projects for the creation of joint
production and processing enterprises in the oil and gas sector, as
well as cooperation in the field of renewable energy sources, were
considered," the statement said.
The talks were held as part of Akunbekov’s working visit to the
Xinjiang Uyghur Autonomous Region of the People’s Republic of
China.
During the visit, the Kyrgyz delegation also held negotiations
with representatives of several Chinese companies on expanding
cooperation in investment, production and processing sectors.
Meanwhile, the development of cooperation between Kyrgyzstan and
Sinopec may contribute to attracting new investments into the
country’s energy sector and expanding industrial cooperation with
Chinese companies.
Potential joint projects in oil and gas processing, as well as
renewable energy, could support Kyrgyzstan’s efforts to diversify
energy sources, strengthen domestic production capacity and improve
energy security.
