China, Kazakhstan, may sign energy agreement

BEIJING . March 16. KAZINFORM China is likely to ink an agreement with Kazakhstan on finance, energy and resources cooperation within 2009, said Chinese Premier Wen Jiabao at a press conference after the closing of the annual session of the National People's Congress on Friday.

Wen asked the nations of the Shanghai Cooperation Organization, including China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, to strengthen cooperation in many areas, such as energy, resources, infrastructure, agriculture and high technologies to deal with the worsening global financial crisis. In February, China signed an oil deal with Russia to obtain an annual crude oil supply of 15 million tons for the next 20 years by lending US$25 billion to two Russian oil firms, and another agreement with Brazil, promising a daily supply of 100,000 to 160,000 barrels of oil to China, according to China Knowledge's earlier report, Kazinform refers to China Knowledge Online. Copyright © 2009 www.chinaknowledge.com