ASTANA, Kazakhstan, March 25. Kazakhstan’s
Minister of Energy Yerlan Akkenzhenov and U.S. Secretary of Energy
Christopher Wright discussed energy logistics and guarantees for
uninterrupted supply of hydrocarbons to global markets, Trend reports via
Kazakhstan’s Ministry of Energy.
The talks took place on the sidelines of the CERAWeek
international conference in Houston, U.S.
Key topics included ensuring global energy security, developing
alternative export corridors, and strengthening investment
cooperation. The sides highlighted the strategic nature of their
32-year partnership in the oil and gas sector.
According to the ministry, total U.S. investment in Kazakhstan’s
energy sector has exceeded $60 billion. American corporations
ExxonMobil and Chevron remain key partners in the country’s largest
energy projects—Tengiz, Karachaganak, and Kashagan—which together
account for around 70% of Kazakhstan’s total oil production and
contribute significantly to the global output of U.S. energy
majors.
Akkenzhenov reaffirmed Kazakhstan’s commitment to maintaining
stable conditions for the long-term development and expansion of
these assets in line with existing plans. He also underscored the
role of the Caspian Pipeline Consortium (CPC) as the main export
route, transporting about 2% of global oil supply.
The Kazakh side confirmed its readiness for pragmatic dialogue
with all stakeholders to ensure reliable transit. The participants
also positively assessed joint efforts to maintain the
non-sanctioned status of the CPC pipeline, calling it a key factor
in sustaining balance in global energy markets.
In addition to core export routes, Kazakhstan is actively
diversifying its supply directions. The development of the
Trans-Caspian International Transport Route using the
Baku-Tbilisi-Ceyhan (BTC) system was also discussed. Transport
volumes along this route are expected to reach 2.1 million tons per
year in the near term.
Akkenzhenov noted that Kazakhstan is open to deepening
technological cooperation and maximizing the transport potential of
the Caspian Sea to deliver energy resources to international
markets.
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