BAKU, Azerbaijan, October 21. KazMunayGas (KMG)
Chairman of the Management Board Askhat Khassenov met with
Belorusneft Director General Alexander Lyakhov in Astana to discuss
prospects for cooperation between the two companies, according to
KMG.
The discussions focused on cooperation in geological
exploration, the use of advanced oil and gas production
technologies, and the introduction of digital solutions in
production operations.
Khassenov noted that the development of hard-to-recover reserves
and improving the efficiency of mature field development were of
particular importance to KMG.
"We are interested in developing mutually beneficial cooperation
with our Belarusian colleagues, exchanging experience and
implementing joint projects that contribute to the technological
development of our companies," Khassenov said.
Following the meeting, the two sides confirmed their intention
to expand contacts in key areas on a mutually beneficial basis.
Belorusneft is a state-owned, vertically integrated oil company
and a leading enterprise in Belarus's fuel and energy sector. It
operates across the oil and gas industry, including oilfield
services, refining, and the sale of petroleum products.
The company implements projects in Russia and other Commonwealth
of Independent States (CIS) countries, as well as in Asia and Latin
America.
KazMunayGas is Kazakhstan's leading vertically integrated oil
and gas company, with operations covering the entire production
cycle, from hydrocarbon exploration and production to
transportation, refining, and specialized services. Established in
2002, KMG represents Kazakhstan's interests in the country's oil
and gas industry.
