Tokayev was briefed on Kashagan development concept

Kassym-Jomart Tokayev received the Eni’s CEO Claudio Descalzi, refers to the Akorda press service reporting.

During the meeting, plans were considered for the implementation of the largest oil and gas projects Kashagan and Karachaganak.

Tokayev was informed that, despite the ongoing pandemic, the ongoing projects at Kashagan continue.

According to Claudio Descalzi, a number of key investment decisions have been made to increase oil production. The consortium is preparing a concept for the full-scale development of the Kashagan field. Work is also continuing to enhance gas processing capacities.

The President stressed that Kazakhstan attaches great importance to the further implementation of energy investment projects. At the same time, he focused on the need for a high share of local content.

In addition, subsoil use, geo exploration, implementation of projects in green energy were discussed.

18:50, 26 July 2021

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