China National Petroleum Corp., China Guangdong Nuclear Power Group and Sinochem Group signed cooperation agreements with companies in Kazakhstan during the visit of Kazakh President Nursultan Nazarbayev to Beijing, Bloomberg reported.
CNPC, the parent of PetroChina Co., will cooperate on developing energy operations in Kazakhstan, Guangdong Nuclear will expand nuclear cooperation and Sinochem will form a partnership, according to the agreements signed at a ceremony at the Great Hall of the People.
No details of the agreements, including monetary values, were provided at the ceremony, attended by Nazarbayev, China's President Hu Jintao, government and company officials.
China's Ministry of Railways signed a memorandum of understanding with Kazakhstan's state-owned railway company to help build high-speed railways.