BAKU, Azerbaijan, Feb. 17
By Nargiz Sadikhova - Trend:
Total reaffirmed its readiness to invest in major oil and gas projects in Kazakhstan, including the second development phase of Kashagan field, Trend reports citing the press office of Kazakhstan’s president.
The topic was discussed during the meeting between Kazakhstan’s President Kassym Jomart Tokayev and President of the Exploration and Production Division of the Total Group Arnaud Breuillac.
During the meeting, the parties discussed the implementation of several projects in the hydrocarbon sector, further prospects for interaction between Kazakhstan and the Total concern, as well as the possibility of new investments.
Breuillac also confirmed the concern's readiness to invest in major oil and gas projects in Kazakhstan, as well as in several projects in the field of renewable energy sources.
In turn, Tokayev welcomed the decision of the oil and gas concern to change its development strategy, emphasizing Kazakhstan's commitment to achieving carbon neutrality by 2060.
Total is active in oil and gas exploration and production in Kazakhstan, where we are a partner in operating the North Caspian license, which encompasses the giant Kashagan field.
The company also leads community outreach initiatives in the country to promote education, research, and culture.
---
Follow the author on Twitter: @nargiz_sadikh
