
ASTANA, Kazakhstan, June 15 (UPI) -- China and Kazakhstan have reached agreement to build and finance jointly a natural gas pipeline and strengthen atomic energy cooperation.
The agreements were reached during a 1-day visit Saturday to Kazakhstan by Chinese President Hu Jintao, his second this year, RTTNews reported Tuesday.
Kazakhstan's KazMunaiGas natural gas company and the China National Petroleum Corporation will construct a 870-mile natural gas pipeline spur across Kazakhstan to link with an existing pipeline already running between China and Central Asia, with the two nations equally sharing the spur's $3.5 billion construction cost.
A second agreement, the specifics of which weren't released, provides for the state-run Kazakh Kazatomprom nuclear firm to supply uranium to China Guangdong Nuclear Power Corporation.
Last December, Kazatomprom announced it passed Canada and Australia to become the world's largest miner of uranium in the world, increasing its 2009 output by 63 percent to 13,900 tons, roughly 30 percent of the world's output, with a projected 2010 output of 18,000 tons.
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