BAKU, Azerbaijan, September 10. Kazakhstan’s
Energy Ministry and U.S. investment company Kimmeridge discussed
prospects for investment cooperation and potential new projects in
Kazakhstan’s oil and gas sector.
This was announced by the ministry’s press service, following
the meeting between Minister Yerlan Akkenzhenov and Fayçal
Benjelloun, Managing Director at Kimmeridge and head of the
company’s Abu Dhabi office.
According to the Ministry, in the course of the meeting, the
sides discussed current developments in Kazakhstan’s energy sector,
investment cooperation and opportunities for implementing new
projects in the country’s oil and gas industry.
Particular attention was paid to long-term trends in the global
energy market, the investment potential of Kazakhstan’s oil and gas
sector and prospective areas of cooperation. The sides also
exchanged views on sustainable development of the sector,
attracting investment and introducing modern technologies.
Akkenzhenov noted Kazakhstan’s interest in expanding cooperation
with international investment companies and attracting long-term
investment into the energy sector.
“Following the meeting, the sides confirmed their mutual
interest in continuing a constructive dialogue and further
exploring promising areas of cooperation,” the ministry said.
Kimmeridge is a U.S. investment company specializing in the
energy sector. It primarily invests in low-cost oil and gas assets
and infrastructure projects, as well as energy transition
projects.
