Russia and Kazakhstan have agreed to deepen their cooperation in the oil and energy sectors following two days of talks between Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev in Moscow. The meeting, held at the Kremlin on Wednesday, focused on strengthening regional energy ties and addressing the fallout from U.S. sanctions on Russian oil companies.
Tokayev said both sides reached an understanding to expand joint efforts in oil, coal, and electricity production, as well as transportation and supply networks. “We agreed to strengthen our partnership in the areas of oil, oil products, coal, and electricity production, transportation, and supply,” he said during televised remarks after the meeting.
00:00Russian President Vladimir Vladimirovich Putin and the President of the Republic of Kazakhstan signed a declaration on the transition of interstate relations between the Russian Federation and the Republic of Kazakhstan.
00:25We discussed in detail the full range of bilateral cooperation issues.
00:29They exchanged opinions on the following.
00:31The bulk of Kazakhstan's oil exports passes through Russia.
00:36Russian oil, in turn, is pumped through Kazakhstan to Asia.
00:41Our country imports Kazakh coal.
00:44Mutual electricity supplies have been established.
00:48Russia is participating in the modernization of Kazakhstan's thermal and hydroelectric facilities.
00:53Freight transport by air and water is increasing.
00:59We agreed to strengthen our partnership in the production, transportation, and supply of oil, petroleum products, coal, and electricity.
01:07We discussed in detail the prospects for gas cooperation, in particular, gas supplies to Kazakhstan's regions bordering Russia, as well as transit to third countries and capital investments reaching a record $4 billion.
01:22Chugel
01:40Formula
01:44es
03:18Kazakhstan and Russia are each other's closest partners, friends, and reliable allies.
03:22He says we're expanding our relations to all representatives of the educational sphere.
03:30I'd especially like to highlight our cooperation with the Russian Federation in the field of nuclear energy.
03:39We're close to signing very important agreements that will pave the way for the actual construction of a nuclear power plant and cooperation with Rosatom.
03:50Next year, I'll be making a state visit.
03:55This, as you rightly said, is a matter for number.
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