KMG and Eni discussed issues of bilateral cooperation

Askhat Khassenov, Chairman of the Management Board of JSC NC «KazMunayGas» (KMG), held a meeting with Luca Vignati, Eni Upstream Director.

During the discussion, the main areas of cooperation were considered, including the implementation of joint projects and prospects for further cooperation aimed at attracting investment in the energy sector of Kazakhstan.

The parties discussed the current status of the Kashagan field expansion projects and the construction of a gas processing plant at the Karachaganak field to supply commercial gas to the domestic market.

The head of KMG, Askhat Khassenov, noted the need to increase the local content in large projects in order to support the development of local production and create additional jobs. 

At the meeting, special attention was paid to the project for the construction of the Hybrid Power Plant in Mangystau region. In July 2024, KMG and Eni started the construction of a 247 MW hybrid power plant in Zhanaozen, which will run on solar, wind and gas energy.

The hybrid power plant will ensure a stable, sustainable and reliable supply of electricity to KMG's subsidiaries in the region, including JSC Ozenmunaigas and KazGPZ LLP.

In addition, the prospects for cooperation in the design of oil and gas fields were discussed.

Following the meeting, the parties agreed to strengthen cooperation in key areas.