KazMunayGas, Eni to build 247 MW hybrid power plant in Kazakhstan

ALMATY. Jan 19 (Interfax) - National Company KazMunayGas and Italian Eni have jointly approved the final investment decision for a 247 MW hybrid power plant project, the President of Kazakhstan's press service said.

President Kassym-Jomart Tokayev, during his official visit to Italy, met with Eni's Chief Operating Officer, Guido Brusco, to discuss ENI's plans for a gas processing plant, a 250 MW hybrid power plant and vegetable oil production-biodiesel processing facility in the Mangistau region.

The conversation also touched on the record-breaking oil supplies through the CPC pipeline in 2023 and the broader cooperation between Kazakhstan and Eni.

"In 2023, the CPC pipeline saw a record-breaking flow of 63.5 million tonnes of oil, while total oil production from the Kashagan and Karachaganak fields reached 30.8 million tonnes. The President attributed this accomplishment to the collaborative efforts of the Kazakh government and consortium members, including Eni," the press service said.

Tokayev met with Eni SpA CEO Claudio Descalzi in June 2023 to discuss the company's activities and major oil and gas projects in the Kashagan and Karachaganak fields.

"The President was briefed on the consortium's focus areas for advancing the country's oil and gas industry. Discussions included the potential construction of a 4 bcm capacity gas processing plant in Karachaganak," the press service said.

Eni operates in Kazakhstan's renewable energy sector via its Plenitude Arm Wind subsidiary with projects such as the Badamsha-1 and Badamsha-2 wind power plants in the Aktobe region and a 50 MW solar power plant in Shaulder, Turkestan region.