KMG CEO mulls implementation of memorandum with SOCAR, Tatneft, Uzbekneftegaz in Tashkent

Chairman of the Board of the national company KazMunayGas (KMG) Askhat Khasenov and the head of Uzbekneftegaz Bakhodirjon Sidikov have discussed further steps to implement the memorandums of cooperation in the field of digital technologies and industrial safety signed in Baku with the State Oil Company of Azerbaijan (SOCAR) and the Russian PJSC Tatneft, Report informs referring to the press service of KMG.

In addition, the parties discussed the implementation of geological exploration projects in the border areas of Kazakhstan and Uzbekistan.

"The companies also plan to create a common information space for the exchange of geological and technical data and are considering the possibility of joint participation in international oil and gas projects," the message says.

According to KMG, petrochemicals remain one of the key areas of cooperation.

"KazMunayGas attaches great importance to expanding mutually beneficial contacts with Uzbekneftegaz. Our partnership will undoubtedly contribute to the development of the energy sector throughout Central Asia. We are ready for further active work with our Uzbek colleagues in all key areas," Khasenov emphasized.

KMG, SOCAR, Tatneft and Uzbekneftegaz signed quadripartite memorandums of cooperation in the field of digital technologies and industrial safety on March 5, 2025. The documents, in particular, provide for the exchange of experience in the development and implementation of digital solutions, as well as the prevention and elimination of the consequences of man-made emergencies. Following the meeting, the parties signed a "Roadmap" to expand mutually beneficial cooperation between the companies.