Meeting of energy ministers of OTC countries held in Budapest
In Budapest, under the chairmanship of the Republic of Hungary, the 3rd meeting of the energy ministers of the member states of the Organization of Turkic States was held, El.kz reports with reference to the press service of the Ministry of Energy of the Republic of Kazakhstan.
The meeting was attended by Vice Minister of Energy of the Republic of Kazakhstan Askhat Khasenov, Minister of Energy of the Republic of Azerbaijan - Parviz Shahbazov, Acting Minister of Energy of the Kyrgyz Republic - Taalaibek Ibrayev, Minister of Energy and Natural Resources of the Republic of Turkey - Fatih Donmez, The Minister of Foreign Economic Relations and Foreign Affairs of Hungary is Peter Szijarto, the First Deputy Minister of Energy of the Republic of Uzbekistan is Azim Akhmedkhadzhayev, and the Secretary General of the Organization of Turkic States is Kuanychbek Omuraliev.
The heads of the delegation discussed the priority areas of sustainable development of the energy sectors of the member states and observers of the united territorial communities.
According to the Vice Minister of Energy of the Republic of Kazakhstan Askhat Khasenov, Kazakhstan is actively developing bilateral cooperation with all countries participating in and observers of the united territorial communities.
The Vice Minister also reported on the recent enactment of a law providing for the introduction of a new mechanism - the Improved Model Contract, which offers a number of preferences for complex projects, both at sea and on land, as one of the mechanisms aimed at improving the investment climate for subsoil use projects in the Republic of Kazakhstan. Also, member states and observers of united territorial communities were invited to participate in the development of new fields.
In addition, priorities for the development of petrochemistry with the production of products with high added value, hydrogen, nuclear energy and renewable energy were announced.
Within the framework of the third meeting of the energy ministers of the OTC member states, the parties discussed the work done to implement the UTI Energy Cooperation Program (2023-2027) and the action plan for its implementation.
The parties outlined further plans for the implementation of training programs for member states and observers in the field of energy, the creation of the International Hydrogen Consortium aimed at the production of hydrogen, its storage and the development of new transportation technologies.
Within the framework of the meeting, bilateral meetings were also held with the ministers of Azerbaijan, Kyrgyzstan, Uzbekistan, Turkey and Hungary.
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