The Ministry of Oil and Gas of the Republic of Kazakhstan and the Ministry of Industry and New Technologies of the Republic of Kazakhstan, in co-operation with the INOGATE Technical Secretariat, co-organised an Information Event entitled “INOGATE as a Successful EU Energy Cooperation Programme: Achievements in Kazakhstan and Way Forward in 2014” on 18 June 2014 in Astana.
The event marked 18 years of successful energy cooperation between Kazakhstan and the EU and aimed at discussing how this cooperation could be strengthened to the benefit of both sides. The event was co-chaired by Ambassador Aurelia Bouchez, the Head of the EU Delegation to Kazakhstan and Mr. Magzum Mirzagaliyev, the Vice-Minister of Oil and Gas.
More than 40 key stakeholders from the Kazakh energy sector and the EU were present and offered the opportunity to exchange views on how to reinforce Kazakhstan’s participation in the INOGATE Programme.
A highlight of the meeting was a special discussion on international experience on the issue of tariff setting for production, transmission and distribution of electricity and methods of comparative analysis (benchmarking).
At the meeting, EU Ambassador Aurelia Bouchez said “Europe shares with Kazakhstan the conviction that our citizens need a secure supply of energy at internationally competitive prices. That is why we seek to exchange our know-how and experience on creating competitive energy markets offering quality service, on developing the use of renewable energy, and on fostering economic growth with lower consumption of energy”.
Kazakhstan has been and remains a key partner of the EU’s INOGATE Programme since its inception in 1996, having benefited from 41 of INOGATE's 69 projects.