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Kazakhstan proposes implementation of global gas projects with regional states

Kazakhstan Materials 6 August 2024 15:09 (UTC +04:00)
Kazakhstan proposes implementation of global gas projects with regional states
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, August 6. Kazakhstan proposes the implementation of global gas projects with the countries of the region, the nation's Minister of Energy, Almasadam Satkaliyev, said at the first meeting of the Energy Ministers of the Central Asian states and the Deputy Minister of Energy of Azerbaijan in Astana today, Trend reports.

"Currently, Kazakhstan is beginning to implement a global project in the field of developing and transmitting 'green' energy with Azerbaijan and Uzbekistan and is also actively discussing the construction of the large-scale Kambarata-1 HPP with Kyrgyzstan and Uzbekistan.

In this regard, I propose considering the possibility of implementing similar projects with the countries of the region, particularly in the gas sector," he explained.

The Kazakh minister noted the immense potential for developing energy cooperation and strengthening existing ties between the Central Asian countries.

According to him, today, the challenges facing the Central Asian countries include global disruptions in the stability of energy resource supplies, fluctuations in oil and gas prices, and other factors.

"To ensure the reliability of energy supplies, it's necessary to develop mechanisms for forecasting and managing these challenges, as well as strengthening cooperation between our countries," Satkaliyev suggested.

He also called on his colleagues to intensify efforts to strengthen cooperation by expanding opportunities for energy resource trade, developing low-carbon initiatives, achieving carbon neutrality, and facilitating a phased energy transition.

Following the meeting, the heads of the energy departments of the Central Asian countries signed a communiqué, which will lay the foundation for further successful cooperation in all key areas between the countries.

To note, the meeting is being chaired by Satkaliyev.

The event also schedules speeches by the energy ministers of Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

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