Agreement strengthens co-operation between IEA and Kazakhstan
24 April 2015
The International Energy Agency (IEA), the Ministry of Energy of Kazakhstan and the Kazakhstan Association of Oil, Gas and Energy Sector Organizations, KazEnergy, on Friday signed a Memorandum of Understanding aimed at strengthening co-operation among the parties on development of a sustainable energy sector.
The main goal of the agreement will be to share experience on sustainable energy development and energy security, including renewable energy, energy efficiency, carbon capture and storage, energy conservation and other areas. The agreement also foresees co-operation on improving the gathering and tracking of energy statistics, as well as other matters related to energy sector development.
The signing of the MoU follows years of increasingly close collaboration between the fast-growing Central Asian nation and the Agency. It comes two years ahead of Expo 2017, which is expected to bring attention to the latest sustainable energy technologies in Kazakhstan.
"In taking this step we hope not just to strengthen co-operation between Kazakhstan and the IEA, but also to help Kazakhstan fulfil its enormous leadership potential in sustainable energy development in Central Asia and beyond,” IEA Executive Director Maria van der Hoeven said in Astana on Friday.
The Ministry of Energy of the Republic of Kazakhstan is responsible for development of the country’s energy sector and policy directions, while KazEnergy has the responsibility of voicing energy-sector stakeholders’ interests at all levels in the country. Despite and because of its reliance on coal, Kazakhstan has set itself a goal of achieving a 50% share of renewable and alternative energy in its energy mix by 2050 while also boosting economic growth.