Kazakhstan's oil becomes a sought-after commodity! Kazakhstan plans to increase crude oil exports to Germany, with supply target set at 2.5 million tons this year
News from Kazakh International Communications Agency: Kazakhstan's Energy Minister Yerlan Akkenzhaynov met today with the Bavarian State Government of Germany
According to the Ministry of Energy's press office, during the meeting both sides exchanged views on expanding cooperation between Kazakhstan and Bavaria in the energy sector, focusing particularly on increasing Kazakhstan’s crude oil supply.
Akkenzhaynov pointed out that cooperation between Kazakhstan and Germany is systematic and multidimensional, currently covering traditional energy, oil refining, machinery manufacturing, renewable energy, and "green hydrogen," among other areas.
It was reported that the two sides also discussed supplying Kazakhstani crude oil to Germany’s Schwedt Refinery. Akkenzhaynov stated that, building on previous agreements, shipments via the "Friendship" pipeline have continued to grow steadily: exceeding 1 million tons in 2023, reaching 2.1 million tons in 2025, and aiming to further increase to 2.5 million tons in 2026.
In terms of modernizing energy infrastructure, involvement by Siemens Energy has drawn attention. Currently, the expansion and renovation project of the second thermal power plant in Almaty is underway, with gas turbine equipment already in delivery and installation stages, while training for Kazakhstani technical personnel is also being conducted. This cooperative model is planned to be extended to the Turgay steam-gas combined cycle power plant project.
Moreover, development of renewable energy remains a key area of collaboration. German companies Goldbeck Solar GmbH and Solarnet Investment GmbH are implementing a photovoltaic power station project in the Karaganda Region with a total installed capacity of 176 megawatts.
The "HYRASIA ONE" project located in the Mangystau Region is considered a strategically significant flagship initiative. The project involves production of "green hydrogen" and ammonia, with plans to construct wind and solar power stations totaling 40 gigawatts in installed capacity, along with an electrolyzer complex capable of producing up to 20 gigawatts. According to planning, the project could eventually achieve an annual hydrogen output of 2 million tons.
At the conclusion of the talks, both sides reaffirmed their commitment to further deepen their partnership, noting that bilateral energy cooperation is steadily advancing—a trajectory highly aligned with global energy transition and sustainable development goals.
Editor’s Note: Kazakhstan is strengthening its three major oil giants operating in the North Caspian region: Kashagan – NCOC, Karachaganak Petroleum Operations (KPO), and Tengizchevroil (TCO).
Original source: toutiao.com/article/1861835717174664/
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