QazaqGaz and Dragon Oil signed an agreement in the field of development of gas fields and geological study of subsoil

Sanzhar Zharkeshov, Chairman of the Board of JSC NC QazaqGaz, and Ali al-Jarwan, Chief Executive Officer of Dragon Oil, signed a Memorandum of Cooperation. The agreement was concluded within the framework of the official visit of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, to the United Arab Emirates.
The signed document will allow the implementation of joint projects in the development of new gas fields and geological exploration of the subsoil in Kazakhstan.
As part of the Memorandum, the parties plan to explore opportunities for further cooperation and strengthen economic and investment partnerships.

Dragon Oil is an international oil and gas company, part of the Emirates National Oil Company group. Dragon Oil produces gas and oil in the Middle East, North Africa, and the Caspian region. Key assets in the company’s portfolio include the Cheleken contract area offshore Turkmenistan, GUPCO’s recently acquired assets in Egypt, and Block 9 in Iraq.