BAKU, Azerbaijan, October 29. Kazakhstan's
national oil and gas company KazMunayGas (KMG) and Türkiye's Nakkas
Holding have discussed potential cooperation in investment,
hydrocarbon exploration, transportation and processing, petroleum
product sales, renewable energy and sustainable aviation fuel,
according to KMG press service.
The issues were discussed at a meeting in Ankara between KMG
Chairman of the Management Board Askhat Khassenov and Nakkas
Holding Chairman of the Board Ramazan Öztürk.
Khassenov outlined KMG's key priorities, including expanding
Kazakhstan's resource base, improving production efficiency,
diversifying export routes, modernizing refining capacity, and
introducing sustainable development principles and energy-efficient
solutions.
Following the meeting, the sides expressed their readiness to
actively cooperate in key areas to support the development of the
energy sectors of Kazakhstan and Türkiye.
Nakkas Holding is a Turkish group headquartered in Istanbul that
brings together more than 20 companies operating in oil and
petroleum products, renewable energy, industrial investment and
mining. The group has more than 40 years of experience in these
sectors.
The holding includes ALPET, which operates a network of fuel
stations and fuel terminals, and owns a stake in a fuel terminal in
Antalya on the Mediterranean coast. Through its subsidiary Saves
Enerji, the group also develops renewable energy projects.
