Italian energy giant Eni has signed agreements with Kazakhstan’s state-run KazMunaiGas to widen the company's energy transition scope in the Central Asian country.
Eni confirmed its chief executive Claudio Descalzi met with Kazakhstan President Kassym-Jomart Tokayev and Prime Minister Askar Mamin on Monday, with the company signing cooperation agreements for the development of renewable, hydrogen and biofeedstock projects in Kazakhstan.
It builds on Eni’s existing work in Kazakhstan's emerging renewable energy sector, with the company’s local subsidiary ArmWind already involved in two wind farms and one photovoltaic plant, which have a combined total capacity of roughly 150 megawatts.
“The agreements signed today enhance the perimeter of our historic collaboration with Kazakhstan, further directing it towards a low carbon emission future,” Descalzi said on Monday.
“Besides the wind and solar activities, Eni will leverage all its proprietary technologies, developed over the last few years and focused on energy transition.”
Eni has been active in Kazakhstan since 1992, where it is joint operator of the Karachaganak gas condensate field and an equity partner in various projects in the Northern Caspian Sea.
It launched its first renewables project in the country last year with the 48MW Badamsha wind farm and is currently executing the second phase of that project which will double the wind farm’s capacity.
It also commenced work on a 50MW photovoltaic plant in the south of Kazakhstan earlier this year.
