Kazakh President holds series of meetings in Qatar

Kazakh President holds series of meetings in Qatar

During his working visit to Qatar, Kazakh President Kassym-Jomart Tokayev held a series of important meetings, including one with the owners of Power International Holding (PIH), Moutaz Al-Khayyat and Ramez Al-Khayyat. This company is negotiating the construction of a combined-cycle gas turbine plant in the Kyzylorda region and the development of inter-regional power grids. Additionally, the leaders of the Qatari conglomerate have expressed interest in joint artificial intelligence projects. Currently, the company is involved in constructing major facilities in the energy and telecommunications sectors. President Tokayev emphasized that these projects would make a significant contribution to strengthening the country’s energy security. He also reaffirmed the Kazakh government’s readiness to provide favorable conditions for Qatari investors.

«In the gas sector, QazaqGaz is constructing two gas pipelines and two gas processing plants. The first pipeline, Aktobe-Kostanay, is scheduled to be operational in 2026. The second pipeline, Beineu-Bozoy-Shymkent, will also have its second string operational in 2026. As for the gas processing plants, the first facility, with a capacity of one billion cubic meters per year, is scheduled for commissioning in 2026. The second plant, with a capacity of 2.5 billion cubic meters, is set to be commissioned in 2029,» Samruk Kazyna CEO Nurlan Zhakupov said. 

The Head of State also discussed prospects for investment cooperation in renewable energy sources with Mohammed Nasser Al-Hajri, Chairman of the Board of Nebras Power. President Tokayev commended the role of the 300-megawatt Semipalatinsk Hydro Power Plant (HPP) in strengthening the long-term strategic partnership between Astana and Doha. Mohammed Nasser Al-Hajri briefed President Tokayev on the key stages of the joint project’s implementation and emphasized Kazakhstan’s significant potential in green energy.

The Head of State praised the Emir of Qatar’s personal contribution to  strengthening bilateral relations, which have reached the level of a strategic partnership. President Tokayev and Sheikh Tamim bin Hamad Al Thani  reviewed the progress of projects in banking, telecommunications, energy, agriculture, and healthcare. The President expressed confidence that joint projects involving Qatari businesses would contribute to the development of both countries. In turn, the Emir of Qatar highlighted the long-term strategic nature of cooperation between Astana and Doha, emphasizing that both governments are systematically working to implement agreements reached at the highest level.