Three CIS countries will create a project to export green energy to Europe

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Azerbaijan, Kazakhstan and Uzbekistan are reportedly planning to establish a joint venture to export green energy to Europe Press service of the Ministry of Energy of Kazakhstan.

The relevant agreement was reached at the meeting held in Baku by the energy and economy ministers of Azerbaijan, Uzbekistan and Kazakhstan to discuss the possibility of exporting electricity from Central Asian countries to Europe through the territory of Azerbaijan, the press service reported.

As a result of the negotiations, the heads of departments signed a joint declaration in which they stated their country’s potential in the field of renewable energy and that they were “ready to participate in the project of exporting electricity from alternative sources to Europe.”

In addition, meeting participants agreed to form a joint working group to develop the terms of reference for cooperation in the field of energy transition, with an emphasis on the development and export of green ammonia, green hydrogen and green energy sources, as well as renewable energy sources. The press also added the creation of the relevant infrastructure. -service.

Former Prime Minister of Kazakhstan Alikhan Smailov statedthat the republic is ready to become a regional center for the development of renewable energy sources in Central Asia.

Before that the European Commission accepted REPowerEU’s long-term plan for the rapid abandonment of oil and gas in the Russian Federation; Implementing the plan will require €300 billion by 2029.

Previously reportedIt is stated that the EU has increased its imports of liquefied gas from Russia.

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