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Eurasian energy forum begins work in Astana

The 5th Eurasian forum KAZENERGY begins its work in the Kazakh capital on Tuesday.

Eurasian energy forum begins work in Astana

The 5th Eurasian forum KAZENERGY begins its work in the Kazakh capital on Tuesday.

Representatives of more than 20 countries, leaders of ministries and departments, top managers of leading energy companies of the world, well-known representatives of business and experts’ circles will discuss urgent issues of the energy sector.

As chairman of the Kazakh Association of organizations of the oil, gas and energy complex (KAZENERGY), deputy chairman of the board of the National Well-Being of Kazakhstan Fund “Samruk-Kazyna” Timur Kulibayev said in an interview with ITAR-TASS, during KAZENERGY forums, a wide range of issues, beginning from geopolitical relations to ecology and investment cooperation, is discussed.

“High interest of foreign businesses, biggest energy companies of the world in developing business interaction with Kazakhstan, investing in home oil, gas and energy projects is not the least of the factors. The forum gives a unique opportunity to find new contacts, strengthen Kazakhstan’s image as a reliable supplier of resources,” Kulibayev said.

Russian-Kazakhstanian relations and aspects of Russia’s energy policy traditionally occupy an important place in discussions of the forum. The head of the KAZENERGY association expressed the hope that new contacts will be found and business interaction will be expanded jointly with Russian partners within the framework of the forum.

“Russia is a key and strategically important partner of Kazakhstan both in the field of energy and the whole complex of political and economic relations. Our countries are actively developing bilateral energy interaction. In particular, such large-scale joint projects as the extension of the KTK and Atyrau-Samara oil pipelines and strengthening of cooperation in the uranium and nuclear sphere are planned for the near future. As a whole, the potential for strengthening of the whole range of energy relations is exclusively high,” Kulibayev said.

“Energy map of Eurasia: balance of risks and new opportunities” will the key topic of the forum. According to the association’s head, the forum participants will try to respond to the most important for energy security of Eurasia challenges and risks, coordinate a formula of post-crisis development. Special attention will be paid to energy geopolitics and balanced energy interests in Eurasia.

“At the same time, the forum’s discussions will touch upon a much wider range of issues. We’ll pay special attention to issues of ecology and environmental protection which acquired special importance after the disaster in the Gulf of Mexico. The forum will consider issues of effective introduction and use of alternative sources of energy. Among other important topics is the investment potential of Kazakhstan and the Caspian region, discussion of issues of transit and transportation of raw materials and others,” the KAZENERGY chairman stressed.


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