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April 18, 2017

OIL AND GAS RESERVE

5f2bd6f86442f139409cce951056824dUzbekneftegaz National Holding Company and KazMunayGas National Company have inked agreement on cooperation in the development of joint marketing and logistics of oil products.

The document provides for joint initiatives in increasing supplies of crude oil to Uzbekistan, as well as its transit through Kazakhstan.

Uzbekneftegaz NHC also signed a Memorandum of Understanding with the Ministry of Energy of the Republic of Kazakhstan on cooperation in the oil and gas industry.