Kazakhstan and the European Union intend to continue cooperation in the energy sector

The Minister of Energy of the Republic of Kazakhstan Nurlan Nogayev held a meeting with the Head of the EU Delegation to the Republic of Kazakhstan, Sven-Olaf Karlsson, the press service of the Ministry of Energy of the Republic of Kazakhstan reported.

During the meeting, the parties discussed issues of joint cooperation in the energy sector, including within the framework of the process of modernizing the energy charter agreement, as well as mechanisms for monitoring methane emissions during the production and transportation of hydrocarbon raw materials.

In addition, Sven-Olaf Karlsson invited the Minister of Energy to take part in the upcoming Joint Conference Republic of Kazakhstan – European Union on climate issues.

Following the visit, the parties agreed to continue work to strengthen mutually beneficial cooperation in the energy sector.

In Kazakhstan, a number of the largest European companies Eni, Shell, Total are involved in such large-scale oil and gas projects as the North Caspian project, Karachaganak and Dunga. About 80% of the annual export of Kazakhstani oil goes to the EU countries.

Caspian Barrel