Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Huang Weihe, Vice President of PetroChina (under a power of attorney on behalf of CNPC), and Daniyar Berlibayev, Executive Vice President for Transportation, Processing and Marketing of KazMunayGas, signed a Memorandum of Understanding at the 7th St. Petersburg International Gas Forum.
The document reflects the interest of the parties in long-term strategic cooperation in the NGV market, including via developing the natural gas refueling infrastructure at the Europe – China international transport corridor.
The Memorandum provides for, inter alia, an assessment of the potential number of natural gas freight trucks and the amount of natural gas that could be used for refueling vehicles at the Russian, Kazakh and Chinese sections of the route in the period up to 2030. The results of the assessment will serve as the basis for the drawing up of the tripartite Roadmap for the development of a natural gas filling network along the Europe – China international transport route.
Also during the 7th St. Petersburg International Gas Forum, Golubev and Oryn Muratuly Sultanov, Senior Vice President for Major Non-Operating Assets and Offshore Projects of KazMunayGas, have signed a Roadmap, aimed at setting up a joint Russian-Kazakhstani venture. According to the Roadmap, the parties will create a working group and conduct a feasibility study for a joint venture focused on processing gas from the Karachaganak oil, gas and condensate field using the capacities of the Orenburg gas processing plant.