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Ye Jianming Meets Prime Minister of Kazakhstan Karim Massimov

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At 19:00 on December 13, Chairman of CEFC China Ye Jianming met Prime Minister of Kazakhstan Karim Massimov at Fangfeiyuan Hall of the Diaoyutai State Guesthouse in Beijing, where the Prime minister gave high praise of and showed support for the strategic cooperation on the equity transfer between CEFC China and KMG International.


Chairman Ye expressed his gratitude for the Prime Minister’s support and congratulated on the successful third meeting of the China-Kazakhstan Entrepreneurs Committee. He also introduced CEFC China’s strategy on oil and gas development in the terminal markets in Europe, which would be facilitated by CEFC China’s strategic collaboration with KMG International, combined with CEFC China’s own strengths in financial mechanism and increased investment. In the meantime, Chairman Ye noted that CEFC China would, with the equity cooperation with KMG International as a start, keep innovating approaches on supporting the privatization reforms in other industries in Kazakhstan.


Prime Minister Karim Massimov highly appreciated the strategic cooperation of the two sides and promised full support for the project as well as CEFC China’s investment in other areas.


Sauat Mynbayev, Chairman of Board of Directors of the National Oil & Gas Company of Kazakhstan KazMunayGas, attended the meeting, and reported to the Prime Minister on the progress of the cooperation project between CEFC China and KMG International as well as the signing of agreement to be witnessed by the Chinese Premier and Prime Minister of Kazakhstan on December 14. Also in attendance at the meeting included other officials from Kazakhstan and Zang Jianjun, Executive Director of CEFC China.

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