Argentine Companies Express Interest in Partnering with Kazakhstani Businesses in the Extractive Sector

A meeting with representatives of Argentine companies, organized by the Chamber of International Commerce of Kazakhstan, took place in Astana. Held on 20 October at the National Chamber of Entrepreneurs “Atameken”, the event focused on cooperation opportunities in the mining and oil and gas industries.

Participants included Yerzhan Yergali, Director of the Oil and Gas Sector Department of NCE “Atameken”; Santiago De Luca, Honorary Consul of the Republic of Kazakhstan in Buenos Aires and President of the Argentina–Kazakhstan Chamber; Carlos Martin Sabater, General Business Director of Clear Petroleum S.A.; Gustavo Horacio Uglesich, Director of Sales and New Business Development at CPC S.A.; and Gonzalo Fernandez Moores, President of DFM Consultores S.A.

One of the key topics was the search for Kazakhstani partners for Clear Petroleum S.A. Participants explored opportunities to establish joint ventures and participate in ongoing projects, as well as the investment potential of Kazakhstan’s mining and oil and gas industries.

The discussion on sectoral cooperation covered oilfield services, drilling and field maintenance, and the supply of equipment and technologies. Particular attention was paid to opportunities for Argentine companies to participate in procurement by Kazakhstan’s major subsoil users.

The parties also reviewed the conditions for foreign companies entering the Kazakhstani market, including licensing, localization of production and investment protection.

Regarding direct business ties, participants discussed how NCE “Atameken” could facilitate contacts with Kazakhstan’s industry associations and private companies.

Another topic was the development of cooperation between NCE “Atameken” and the Argentina–Kazakhstan Chamber, including the organization of reciprocal business missions to explore market opportunities and identify partners.