Almaty, March 30, 2025 – The Europe Today: Uzbekneftegaz JSC and KazMunayGas JSC have formalized a significant cooperation agreement in the oil and gas sector, marking a milestone in strengthening strategic partnerships between Uzbekistan and Kazakhstan.
The agreement was signed during the working visit of Uzbekistan’s President Shavkat Mirziyoyev to Kazakhstan, where he held a meeting with President Kassym-Jomart Tokayev. The document was officially signed by KazMunayGas Chairman of the Board Askhat Khasenov and Uzbekneftegaz Chairman of the Board Bahodirjon Sidikov.
This collaboration underscores the commitment of both parties to fostering long-term and systematic cooperation founded on principles of transparency, trust, and mutual benefit. The agreement establishes a sustainable platform for expert dialogue, the exchange of advanced technologies, and the joint development of strategic initiatives in key sectors such as geological exploration and petrochemicals.
Furthermore, the signed agreement not only broadens the scope of joint projects but also enhances the efficient utilization of resource bases, integrating both companies into the production and transport infrastructure. By consolidating expertise and technological solutions, the partnership aims to drive innovative approaches that contribute to the sustainable growth of the oil and gas industry.
This development highlights the high level of business trust between the two companies and sets the stage for further expansion of mutually beneficial cooperation. It reinforces bilateral ties in the oil and gas sector, contributing to the overall economic integration and energy security of Central Asia.
