KMG, Total Energies explore cooperation prospects
As part of a working visit to the U.S., Chairman of the Management Board of JSC NC KazMunayGas Askhat Khassenov has met with the Chairman and Chief Executive Officer of Total Energies, Patrick Pouyanné, Kazinform News Agency reports.
The sides discussed the issues of bilateral cooperation and reviewed the prospects for further interaction. The head of KMG noted that the North Caspian project plays an important role in Kazakhstan’s economy. The parties pointed out that full-fledged development of the Kashagan deposit, including its Stage 2B expansion project, remains a priority task.
“Together with partners, KazMunayGas consistently works on increasing the local content share in major oil and gas projects. Development of domestic value remains a priority project aimed at support of local enterprises and national economy strengthening,” Askhat Khassenov said.
The sides also discussed the issues of cooperation in renewable energy sources, with the consideration of Total Energies’ experience in the sector. Special attention was given to the reduction of greenhouse gas emissions. In this context, the joint project on construction of 1GW Mirny wind farm in Zhambyl region plays a key role. The project is called to become an important step towards the achievement of decarbonization goal by Kazakhstan under the Paris agreement.
The sides also reviewed the possibility of implementation of Carbon capture, utilization and storage project (CCUS). KMG expressed interest in exploring Total Energies’ experience in implementation of CCUS projects, such as the Northern Lights in Norway.
Earlier, it was reported that Azerbaijan's SOCAR, Kazakhstan's KazMunayGas, Russia's Tatneft and Uzbekistan's Uzbekneftegaz signed quadripartite memorandums of cooperation in digital technologies and industrial safety. The documents provide for exchange of experience in development and implementation of digital solutions, as well as prevention and relieving the consequences of manmade emergencies.
