Eni Updates On Renewable Energy Expansion In Kazakhstan
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, February 2. Eni has
significantly expanded its presence in Kazakhstan, balancing its
operations in major oil fields such as Kashagan and Karachaganak
with a growing commitment to renewable energy, a source at Eni told
Trend .
"In Kazakhstan, we are actively involved in the exploration,
development, and production of hydrocarbons and natural gas, while
also investing in renewable energy with wind and solar power
plants. Our renewable energy projects and experimentation with
biofuels are part of our broader goal to support the energy
transition in Central Asia," the company noted.
The source emphasized that Eni's business model integrates
environmental and social sustainability principles, with a clear
vision: "We aim to achieve Carbon neutrality by 2050 through our
comprehensive energy strategy".
Eni's groundbreaking hybrid power project in collaboration with
KazMunayGas (KMG) is a significant milestone in the company's
sustainability strategy.
"In 2024, we began construction on the 250 MW Hybrid
Renewables-Gas Power Plant in Zhanaozen, Mangystau Region. This
project combines advanced renewable energy plants, developed with
Plenitude, Eni's subsidiary, and a gas power plant to ensure stable
electricity production," the source noted.
The company added, "This hybrid approach is fully aligned with
Eni's decarbonization strategy, and it demonstrates our joint
commitment to pioneering technologies for a low-carbon future in
the Mangystau Region".
Eni continues to prioritize renewable energy and carbon
reduction in Kazakhstan, with potential for expansion into other
Central Asian countries.
"We are currently focusing our efforts on Kazakhstan in the
renewable energy and carbon reduction space, and we are committed
to supporting the country's transition to a sustainable energy
future."
While the source did not elaborate on plans for other nations,
the company's ongoing efforts in Kazakhstan showcase its growing
investment in the region's energy transition.
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