KazMunayGas and IATA Discussed the Cooperation Prospects
01.10.2024
CEO of KazMunayGas (KMG) Askhat Khassenov met in Astana on September 30 with the Regional Vice President of IATA in Europe Raphael Schwartzman. The parties discussed cooperation in the field of aviation fuel supply and decarbonization.
Particular emphasis was made on transition of the Kazakh refineries from TC-1/RT fuel to Jet A-1, all types of jet fuel will though remain in production. KMG CEO noted that from 2020 three refineries in Kazakhstan are ready to produce Jet A-1. Production of Jet A-1, however, needs the entire Kazakh aviation fuel infrastructure, including airports, oil depots and transportation, to be ready.
One of the key conversation topics was the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which Kazakhstan joined. A. Khassenov spoke about the progress of the 2022-2031 KMG Low Carbon Development Program (LCDP) and expressed readiness to discuss all possible carbon offsetting and reduction schemes.
In addition, the parties discussed the possibility of sustainable aviation fuel (SAF) production in Kazakhstan. It was noted that KMG has already analysed the market and believes that the future of air conveyance is directly linked to SAF.
At the end of the meeting, Askhat Khassenov expressed his gratitude to Rafael Schwartzman and his colleagues for joint effective work and expressed the confidence in successful realisation of the plans outlined.
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IATA (International Air Transport Association) is an International Air Transport Association, representing the interests of airlines worldwide. It sets global standards for safety, efficiency and sustainable development in aviation. In Kazakhstan, IATA actively co-operates with KazMunayGas, helping to implement international standards in the field of aviation fuel supply.