TotalEnergies Implements its Energy Transition Strategy

TotalEnergies Implements its Energy Transition Strategy

TotalEnergies implements its energy transition strategy in Kazakhstan with, on the one hand, the trade of its chapter Total E&P Dunga GmbH and, on the other the giant Mirny wind ranch design that entered the support of the French and Kazakh authorities on the occasion of the visit in France of the President of Kazakhstan, Kassym Jomart Tokayev.

On November 28, 2022, TotalEnergies inked an agreement for the trade of its chapter Total E&P Dunga GmbH to the Kazakh company, Oriental Sunrise Corp Ltd, for an quantum of$ 330 million. Total E&P Dunga GmbH holds a 60 operating interest in the onshore Dunga oil painting field in Kazakhstan, representing a net product of roughly,400 barrels of oil painting fellow per day in 2022. The sale is subject to the blessing of the authorities of Kazakhstan and the disclaimer of the mates ’ appropriation rights.

TotalEnergies also strengthens its presence in renewable energy in the country. In addition to its two solar power shops in operation( with a capacity of 128 MW), Total Eren has inked an agreement with its mates Samruk- Kazyna and KazMunayGas to develop the Mirny design, the largest wind energy design ever initiated in Kazakhstan. This design is part of the intergovernmental agreement on the perpetration of cooperation in the field of combating global warming, inked history by France and Kazakhstan. The 200 wind turbines, totaling 1GW of installed capacity, will be combined with a 600 MWh battery storehouse system. The design will supply further than 1 million people in Kazakhstan with low- carbon electricity.

” TotalEnergies is completely committed to furnishing its moxie and know- how to develop Kazakhstan’s natural coffers, as we’re doing as mate of the giant Kashagan field. These agreements demonstrate TotalEnergies’ energy transition strategy. On the one hand, we stoutly manage our portfolio by disposing of mature,non-core means similar as the Dunga field. On the other, we’re veritably proud to support the country’s low carbon development ambition through the major Mirny wind design “, said Patrick Pouyanné, Chairman and CEO of TotalEnergies.


TotalEnergies in Kazakhstan
Active in Kazakhstan since 1992, TotalEnergies is one of the main shareholders(16.81) in the North Caspian Project institute in charge of developing the giant Kashagan field and operates the Dunga field( 60). The Company is also expanding a distribution network in Central Asia for TotalEnergies- ingrained lubricants, developing renewable energy systems via its attachment Total Eren, and furnishing leading artificial power storehouse results via its attachment Saft.
About TotalEnergies

TotalEnergies is a globalmulti-energy company that produces and markets powers oil painting and biofuels, natural gas and green feasts, renewables and electricity. Our further than,000 workers are committed to energy that’s ever more affordable, cleaner, more dependable and accessible to as numerous people as possible. Active in further than 130 countries, TotalEnergies puts sustainable development in all its confines at the heart of its systems and operations to contribute to the well- being of people.

Source link: https://totalenergies.com/

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