BUSINESS

Romania, Kazakhstan wish to identify new ways to strengthen cooperation in energy sector

Energy cooperation between Romania and Kazakhstan will be one of the topics on the agenda of the 11th session of the Intergovernmental Joint Commission Romania – Kazakhstan, to be held in Bucharest on April 21 – 22, reads a press release of the Ministry of Energy, SMEs and Business Milieu (MEIMMMA) and issued on Thursday for Agerpres.

According to the cited source, Minister of Energy and SMEs and Business Milieu Andrei Dominic Gerea had a meeting with Kazakhstan’s Ambassador Extraordinary and Plenipotentiary to Romania, Daulet Batrashev (photo).

“During the meeting, also discussed were aspects of the economic cooperation between the two countries in the energy sector, with the two sides having remarked that the Republic of Kazakhstan has chosen Romania as a gateway to the European Union, through crude oil deliveries at the Rompetrol Midia Refinery and distribution of refined products both on the domestic market, as well as for export to other countries. Ambassador Daulet Batrashev has informed about the Government of Kazakhstan programmes for infrastructure development in various areas, including by participating in the ‘Silk Road’ project, which shortens and facilitates connections between Asia and Europe,” the release reads.

Also, the two officials agreed that the 11th session of the Intergovernmental Joint Commission Romania – Kazakhstan for commercial, economic and technical-scientific cooperation is a good opportunity to analyse the phase of energy cooperation and to agree on development measures, in the context in which the Kazakh delegation will be headed by deputy energy minister.

Also, Ambassador Batrashev announced the willingness of the Government in Kazakhstan to send an official invitation for Minister Andrei Gerea’s participation in “Astana Economic Forum”, an important event to be held in the capital city of this country late in May 2015.

According to official data, on December 31, 2014, total bilateral trade between Romania and Kazakhstan reached 3.2 billion dollars, of which import represented 3.1 billion dollars, mostly made up of crude oil.

Romania is Kazakhstan’s 7th trade partner.

 

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