In Astana, a Memorandum of Cooperation was signed between the KAZENERGY Association and the Kazakhstan Foreign Investors' Council Association (KFICA).

The document was signed by the General Director of KAZENERGY, Alibek Kuantyrov, and the foreign side Co-Chair of the Joint Working Group on Energy, Ecology, and the Oil and Gas industry of the Foreign Investors' Council under the President of the Republic of Kazakhstan, Head of Total Energies in Kazakhstan, Frode Ljones.

The signing of the document was first discussed at the General Meeting of KAZENERGY members in January and became possible thanks to the support of the Foreign Investors' Council members.

KAZENERGY successfully collaborates with oil and gas companies that are part of the Foreign Investors' Council under the President of the Republic of Kazakhstan. For example, active work is underway on the development and implementation of an enhanced model contract mechanism and the realization of the Strategy for achieving carbon neutrality by 2060.

The signing of the Memorandum marks a new stage in the development of cooperation between KAZENERGY and KFICA, creating opportunities for broader interaction among the members of the associations. The document emphasizes the importance of strengthening partnership relations. This will positively affect the sustainable development of Kazakhstan's energy sector.