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Kazakh delegation attends Russian Energy Week 2022

12 October 2022
Делегация республики Казахстан приняла участие в Российской энергетической неделе – 2022

A delegation from the Republic of Kazakhstan headed by Kazakhstan’s Energy Minister Bolat Akchulakov has taken part in Russian Energy Week’s business programme. The head of Kazakhstan’s Ministry of Energy also spoke at the REW 2022 plenary session, alongside Fatih Donmez, Minister of Energy and Natural Resources of the Republic of Turkey; Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan; Alexander Novak, Deputy Prime Minister of the Russian Federation; and Alexey Miller, Chairman of the Management Committee and Deputy Chairman of the Board of Directors of Gazprom.

Russian President Vladimir Putin delivered a keynote address at the plenary session of Russian Energy Week. He spoke in particular about the incidents of sabotage at the Nord Stream facilities, the energy crisis in EU countries and supplies of Russian gas. He noted that the capacity of the surviving Nord Stream-2 pipeline is 27.5 billion cubic metres a year, or around eight percent of all gas imports in Europe.

Continuing the theme of energy supplies, Kazakhstan’s Energy Minister said, «Kazakhstan is a producer of both oil and gas. Most of the oil we produce is exported. Any market turbulence therefore affects Kazakhstan from the point of view of stable export issues.»

The Kazakh Energy Minister had spoken about gas supplies previously. On the sidelines of REW 2022, Bolat Akchulakov claimed that Kazakhstan was holding preliminary talks with Gazprom with a view to increasing gas purchases, with volumes potentially reaching up to 10 billion cubic metres. He said that the specific volume of supply would depend on how quickly and widely Kazakhstan’s gasification plans are implemented.

Previously, Akchulakov had claimed that the country could be facing a gas shortage by 2025, given the growth in energy usage by local residents. He noted that by 2021, Kazakhs were using 4.8 billion cubic metres more gas than in 2017.

«25 May 2022 marked 30 years since diplomatic relations were established between Russia and Kazakhstan. It is gratifying that Kazakhstan is playing such an active role at many of Russia’s key business platforms — the St. Petersburg Economic Forum, the Eastern Economic Forum and Russian Energy Week. We have dozens of joint events and projects in diverse areas of cooperation between our countries planned for the near future. I am confident that the 20222024 plan for collaborative action between Russia and Kazakhstan will be successfully implemented to the highest of standards,» noted Anton Kobyakov, Advisor to the President of the Russian Federation and Executive Secretary of the REW 2022 Organizing Committee.

The Russian Energy Week International Forum is taking place in Moscow on 1214 October. Over 3,000 participants will be attending this fifth milestone Forum. Over the three days of the Forum, the Manege will be visited by 16 foreign ministers from Azerbaijan, Algeria, Hungary, Venezuela, Vietnam, Kazakhstan, Mali, Myanmar, Belarus, Syria, Sierra Leone, Turkey and Sri Lanka, as well as around 50 heads of diplomatic corps. High-ranking officials from the Republic of Abkhazia and Uzbekistan will also be taking part.