Chinese Oil Giant to Build Wind Farm in Kazakhstan

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China's largest oil and gas company, CNPC, has agreed with Samruk-Kazyna to build a 400 MW wind power plant, reports.

As Business Recorder reports, citing a PetroChina press release, the parties signed an agreement on the construction of a wind power plant at the CNPC site in Kazakhstan during Xi Jinping's recent state visit to Astana.

The Chinese President visited the capital of Kazakhstan on July 3-4 and participated in the SCO summit.

During his meeting with Kazakh President Qasym-Jomart Toqayev, the two leaders agreed to deepen cooperation in clean energy and nuclear power, with China helping to upgrade Kazakhstan’s energy grid, as well as in oil and gas exploration, extraction and processing, Business recorder reports.

This is not the only renewable energy project that China plans to implement in Kazakhstan. During a visit to China in late March, Qasym-Jomart Toqayev discussed plans to build wind power plants with Chinese investors. The discussion concerned the construction of plants in the Jambyl and Pavlodar regions. The cost is over a billion dollars.