ASTANA, Kazakhstan, September 27. KazMunayGas (KMG, Kazakhstan's national oil and gas company) plans to strive to reduce direct and indirect greenhouse gas emissions by 15 percent from 2019 emissions levels, Trend reports.
This was stated during a meeting of the KazMunayGas delegation led by Deputy Chairman of the Management Board Serikkali Brekeshev with the management of Sinopec in China.
The parties discussed current activities and plans to reduce greenhouse gas emissions at the joint venture Kazakhoil Aktobe LLP.
"In November 2021, KMG adopted the company’s low-carbon development program until 2031. We are committed to reducing direct and indirect greenhouse gas emissions by 15 percent from 2019 emissions levels. The company plans to achieve its goals by increasing the operational efficiency of subsidiaries and affiliates, including Kazakhoil Aktobe LLP, and increasing the company’s energy balance from electricity from renewable sources," Serikkali Brekeshev said.
The participants of Kazakhoil Aktobe are KazMunayGas and Caspian Investments Resources Ltd. (a subsidiary of Sinopec) in equal shares (50 percent).
The delegation also visited the Jiangsu field (China), developed by Sinopec on the territory of the Gaoji water massif. During the visit, the KMG delegation got acquainted with the technologies used in the field and the innovations being introduced, aimed, among other things, at maintaining the environmental balance of the developed area.
