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Italy's ENI in Kazakahstan Shipyard Joint Project

Maritime Activity Reports, Inc.

October 3, 2012

Kazakhstan’s President Nursultan Nazarbayev & Eni CEO Paolo Scaroni consulted in Astana during the VII Kazernergy Eurasian Forum.

During the meeting, described as cordial and constructive, Eni's CEO shared the developments and results of the company's ongoing activities in the country with the President, affirming Eni's positive vision of the primary importance projects that Kazakhstan presents, such as the Kashagan and Karachaganak.

The President was informed of joint projects for building a shipyard in the Caspian Sea and a gas turbine power plant in West Kazakhstan region.

Eni's CEO also updated President Nazarbayev on the progress of the agreement of cooperation and mutual understanding, originally signed by National Company KazMunaiGaz and Eni in 2009, for the implementation of investments in Kazakstan’s industrial infrastructure.

Eni has been present in Kazakhstan since 1992, where the company co-operates the Karachaganak producing field and is a partner of the North Caspian Sea PSA consortium to develop the Kashagan field.
 

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