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Mr. Li Yun Hong, CEO of CNPC Kazakhstan, told the KAZENERGY team about the activities and achievements of China National Petroleum Corporation (CNPC) in our country

On March 5, colleagues from CNPC in Kazakhstan, led by Director General Mr. Li Yun Hong, met with employees of the KAZENERGY Association to familiarize them with the activities of CNPC – the largest producer and supplier of oil and gas in China, which occupies the 3rd place among the 50 largest oil companies in the world. The Corporation conducts oil and gas investment operations in 37 countries, and provides engineering and technical services at oil and gas facilities in 63 countries, including our Republic.

Having started its operations in Kazakhstan in 1997, CNPC is currently one of the largest investors, participating in 7 oil production projects, 2 oil pipelines, 2 gas pipelines, 1 oil refinery and 1 steel pipe plant.

CNPC, through investment in various projects, is constantly involved in the modernization of the oil industry in Kazakhstan, the development of the local economy and society. The main areas of investment are construction and reconstruction, expansion and technical re-equipment of existing and new production facilities, drilling and development of wells. Over the past period, CNPC's total investments in Kazakhstan's projects amounted to more than USD 40 billion, taxes and duties paid amounted to more than USD 49 billion. During the CNPC operation in Kazakhstan, the total investment in social projects amounted to USD 400 million.

The company is committed to supporting the development of social projects. Thus, in 2016 CNPC sponsored the construction of the Kazakh Academy of Choreography
in Nur Sultan. In 2017, the Youth Palace was built in Aktobe. In 2019, the Park of the First President was built in Aktau and other significant projects.
In general, this meeting with the head of one of the leading oil and gas companies present in Kazakhstan, the largest taxpayer, was informative and useful for the Association's employees.

It should be noted that the event was held as part of the implementation of the plan of interaction with the Association members.

KAZENERGY ASSOCIATION THANKS COLLEAGUES FROM CHINA NATIONAL PETROLEUM CORPORATION (CNPC) IN THE REPUBLIC OF KAZAKHSTAN AND PERSONALLY MR. LI YUN HONG FOR AN OPEN AND INTERESTED CONVERSATION!

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