KazMunayGas (KMG) says it has signed a three-party agreement with KazMunayGas-Aero and Exolum Aviation on the key terms of strategic cooperation to develop airport fuel infrastructure in Kazakhstan.
Construction and upgrades under consideration
According to Trend’s report citing KMG, the parties are considering aircraft refuelling facilities, specialised aviation fuel storage sites and upgrades to existing infrastructure. The proposed facilities would handle Jet A-1 fuel in accordance with Joint Inspection Group requirements for quality, safety and operations.
KMG says it will contribute local market expertise, engage with aviation industry participants and assess potential projects.
Projects and investment await economic analysis
According to the same announcement, a comprehensive economic analysis will precede decisions on specific projects, investment amounts, responsibilities and further stages of cooperation.
Interfax-Kazakhstan’s report also attributes the announcement of the agreement to KMG.
