According to the latest news of China Petroleum, China Oil President Wang Dongjin 7 in Kazakhstan Astana Eurasian Energy Forum, said China and Kazakhstan oil and gas cooperation in 20 years fruitful, and achieved good economic and social benefits. CNPC’s oil and gas equivalent in Kazakhstan shares increased from 3.19 million tons in 1997 to 30 million tons since 2010, with a total production of 290 million tons of crude oil and 54.44 million tons of refined oil. As the largest foreign investment in Kazakhstan, China Petroleum accumulated Invest more than 42 billion US dollars, providing more than 30,000 jobs directly.

Wang Dongjin introduced, 20 years, China and Kazakhstan oil and gas cooperation in the field of continuous expansion, has formed a set of oil and gas exploration and development, pipeline construction and operation, engineering and technical services, oil refining and sales in one of the entire upper and lower business chain, and non-resource cooperation Has made a breakthrough; the establishment of a set in line with local laws and regulations and international practice of corporate governance structure and management system.

In the area of ​​exploration and development, PetroChina, with the rapid exploration and development business of Kazakhstan in urgent need of the exploration and development business, to save the old oil fields and discover new reserves: the use of advanced exploration theory and technology, found the largest land in Kazakhstan since the largest oil field – North Troyes oil field, in the exploration of a higher degree of the South Tulige basin increased by tens of millions of tons of crude oil recoverable reserves; the use of complex thick salt hill drilling technology, the successful solution to Kenjiak salt oil field development problems; Improve the recovery rate and horizontal wells drilling technology, successfully solve the so that the oil field, Kalamaski oil field and hot oil field in the development of the late oil field production and production issues, the current Chinese oil in Kazakhstan through equity or sole proprietorship Operates seven exploration and development projects.

In the field of oil and gas pipeline construction, China Petroleum and Kazakhstan oil co-investment to build a gas transmission capacity of 55 billion square meters of Kazakhstan natural gas pipeline, has accumulated more than 190 billion square meters; built annual oil capacity of 20 million tons of crude oil Pipeline, the cumulative oil has more than 100 million tons; built a natural gas pipeline Hanan, Kazakhstan to achieve the “West Gas” to the people’s livelihood projects.

In addition, China-Kazakhstan cooperation focus on mining and the use of local talent, training a number of technical backbone, management experts, staff localization rate of 98.3%. PetroChina also strives to participate in local public welfare undertakings, with a total investment of US $ 350 million over the past 20 years, covering infrastructure, education, health care and culture.