This press release presents an overview on the latest significant events in the Republic of Kazakhstan.
2) Kazakhstan and EU to Build Hub for Green Hydrogen Production and Distribution
Svevind Energy Group CEO Wolfgang Kropp and First Deputy Prime Minister of Kazakhstan Roman Sklyar signed an investment agreement to construct a green hydrogen production and distribution hub in the Mangystau Region on Oct. 27 in Astana. The project on the hub’s construction was presented to Kazakh President Kassym-Jomart Tokayev and European Council President Charles Michel, who was paying an official visit to Kazakhstan at the time.
Hyrasia One, Svevind Group’s subsidiary, plans to produce two million tons of “green” hydrogen annually. The project involves building and operating a desalination plant with 255,000 cubic meters per day, a 40 GW renewable energy station (wind, solar), and a 20 GW water electrolysis production, mainly for export or domestic consumption.
3) Kazakhstan ready to become a regional centre for renewable energy development – Alikhan Smailov
In his speech, Alikhan Smailov noted Kazakhstan's firm and unwavering commitment to the goals and objectives of the Paris Climate Agreement.
"Our country has set an ambitious goal of achieving carbon neutrality by 2060. As part of this, we plan to adopt a Low Carbon Development Strategy by the end of the year. This will be a historic moment: for the first time in Central Asia, a country is adopting such an ambitious document," Alikhan Smailov said.
According to him, Kazakhstan today has about 3% of green energy in the country's total energy output. At the same time, the country plans to increase its output to 15% by 2030, adding 7 GW of additional power by 2030. Plans are in place to reduce carbon emissions by at least 15% by 2030, he said.
4) Kazakhstan signs agreement on green hydrogen projects with Fortescue
The Government of Kazakhstan and Fortescue Future Industries have signed a Framework Agreement on the implementation of green hydrogen production projects in several regions of the country, including Atyrau and Mangystau regions.
The agreement was signed during the meeting between Alikhan Smailov, Prime Minister of Kazakhstan and Andrew Forrest, CEO of Fortescue, at the COP27 Summit of World Leaders on Climate Change in Egypt.
The implementation of the agreement is expected to contribute significantly to our country's ambitious targets to reduce greenhouse gas emissions by 15% by 2030 and to achieve carbon neutrality by 2060. Future projects are designed to produce a significant amount of green hydrogen, which will also be supplied to the European market under a memorandum of understanding signed the day before between Kazakhstan and the European Union.
5) Tokayev Addresses Diplomatic Missions in Astana, Reasserts Commitment to Economic Demonopolization and a Constructive Foreign Policy
President Kassym-Jomart Tokayev spoke about the nation’s reforms, the continued democratization process and the socioeconomic development of the country at a Nov. 4 meeting with the heads of diplomatic missions and international organizations accredited in Kazakhstan, reported the presidential press service.
Tokayev noted that the country’s upcoming elections will lay down a “new political tradition in Kazakhstan and open a new political era.” He acknowledged advances in human rights, including the abolition of the death penalty and giving more powers to the country’s Human Rights Commissioner.
Demonopolization of the economy is the national priority, according to Tokayev. Leading international financial institutions, according to him, have positively assessed Kazakhstan’s efforts to encourage economic growth and affirmed the country’s sovereign rating with a stable outlook.
He also emphasized the importance of the transportation and logistics industry to the country’s economy, noting that more than 80 percent of overland transit traffic along the China-Europe corridor passes through the territory of Kazakhstan. According to him, this sector is critical for improving regional engagement.
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