The management of KazMunayGas (KMG) has announced plans to develop renewable energy sources at the Tengizfield. This initiative was discussed by the head of the national company with Derek Magness, managing director of the American energy corporation Chevron.
According to KMG’s press center, producing green energy will help reduce harmful emissions into the atmosphere and increase the additional energy supply. Moreover, these measures will allow significant volumes of natural gas to be freed up for domestic consumption. The company also highlighted that additional gas supplies are needed for petrochemical projects.
Leaders from Chevron and KMG also discussed the development prospects of the Karachaganak field and Tengiz, as well as the support the corporation can provide in achieving the national company’s petrochemical ambitions.
