Malaysia O&G Companies Generate US$64 Million Sales In Kazakhstan

Malaysian companies generated US$64 million in sales during a specialised marketing mission for oil and gas held in conjunction with the six-day Kazakhstan International Oil & Gas Exhibition and Conference (KIOGE) 2012 which ended on Oct 5.

The Malaysia External Trade Development Corporation (Matrade) said the generated sales were for various products and services such as engineering services, gasket, seals and expansion joints, transportation of halal products and services, non-destructive testing and radioactive materials and metal bellows.

"The Malaysian companies had many fruitful meetings and the generated sales value is six times more than the specialised mission held in conjunction with the World International Economic Forum we organised last year," said its Chief Executive Officer Datuk Zakaria Kamarudin.

KIOGE 2012 brought together 547 exhibitors from Azerbaijan, Belgium, United Kingdom, Hungary, Germany, Iran, Italy, Kazakhstan, Canada, China, Latvia, Malaysia, the Netherlands, Norway, the United Arab Emirates, Poland, Russia, Romania, Saudi Arabia, the United States, Turkey and France.

Meanwhile, Matrade Trade Advisor Dr Ali Sher said Malaysian companies should form a consortium in order to effectively compete and gain entry into the Kazakhstan market.