In Astana, at the Energy Dialogue session: Decarbonization vs hydrocarbons which was part of Kazakhstan Energy Week – 2023 / XV Eurasian Forum KAZENERGY, Tengizchevroil (TCO) presented to the global oil and gas community, its plans and actions to support the transition to a lower-carbon economy.
“We believe that transition to a lower carbon economy must be balanced with the socio-economic development of Kazakhstan and its energy security. TCO continually seeks opportunities to adapt the way it operates to drive emissions reductions. We are currently focused on securing the highest value carbon reductions, including driving energy efficiency, eliminating routine flaring, reducing fugitive methane emissions, and integrating low carbon technologies into our operations”, - Konilkosh Suyessinov, Deputy General Director of Tengizchevroil said.
He emphasized that TCO is committed and supporting Kazakhstan to meet its Nationally Determined Contribution (NDC) Obligations as per the Paris Agreement and remains a partner to the Republic of Kazakhstan in lower carbon aspirations, promoting green initiatives, and fostering a culture of environmental awareness.
TCO has consistently taken practical measures to reduce its environmental footprint through investing in environmental projects, implementing leading technologies and adopting the best practices.
Regarding carbon management, TCO is executing right now a methane management project at its crude tank farm (‘CTF’) at Tengiz. The natural gas blankets in the crude tanks are being replaced with nitrogen, which will help reduce methane emissions from the CTF by about 95%.
Moreover, Tengizchevroil’s Second-Generation Plant uses two power and steam generators to help process Tengiz production. The Tengiz crew switched the operational mode of both generators to turbine gas exhaust mode, beginning 2021. This initiative reduced enough stack carbon emissions from a processing plant by about 165,000 tons per year.
“TCO is committed to supporting this event of global significance and contributing to a more secure, sustainable energy future”, - Konilkosh Suyessinov said.