KAZENERGY

06/07/2024 | Press release | Distributed by Public on 06/07/2024 01:43

Kazakhstan wins bid to host the WPC Energy Congress in 2028

The Kazakh National Committee of WPC Energy represented by the KAZENERGY Association met with the leadership of the World Petroleum Council (rebranded to WPC Energy) in London.

The event was attended by notable figures including Mr. Magzum Mirzagaliyev, Chairman of the KAZENERGY Association, Mr. Pedro Miras, President of WPC Energy, Mr. Alibek Kuantyrov, Director General of the KAZENERGY Association, Mr. Yevgeniy Glotov, Deputy Mayor of Astana city, Mr. Jambulat Sarsenov, Vice President of WPC Energy, and Dr. Pierce Riemer, Director General of WPC Energy.

The meeting focused on discussing current issues of bilateral cooperation, encompassing technical support, scientific research, and personnel training.
Following the negotiations, a ceremony was held to sign the Memorandum for hosting the 26th WPC Energy Congress in Astana in 2028. During the campaign to consider Kazakhstan's candidacy, WPC Energy Council members highlighted the significant development of Kazakhstan's national oil and gas industry, its global industry relevance, and Kazakhstan's active role within the Organization. Astana's bid received unanimous support from all Council participants (representing 60 countries and 96% of the world's oil and gas production and consumption).

Hosting the WPC Energy Congress in Kazakhstan is expected to have a multiplier effect on the economy, significantly enhancing the business climate, attracting investments, and introducing the latest technologies in the oil and gas sector. Additionally, it will foster the development of expert communications, facilitate the exchange of experiences, innovations in professional training, and attract new investment partners.

Notably, the Congress will be financed through international sponsorships, delegate seat sales, and exhibition space rentals. All potential profits from the event will be allocated to charitable causes, including the creation of an Oil Museum in Atyrau or establishing special educational grants for Kazakh students at technical universities in the industry.

On the eve of the celebration of the 125th anniversary of Kazakh oil, this historic achievement has been made possible through the long-term efforts and close partnership between the KAZENERGY Association and the WPC Energy, as well as the support of the Government of the country and JSC NC "KazMunayGas."

The WPC Energy Congress is one of the leading global platform for discussing crucial issues on the international energy and petroleum agenda. The event typically attracts heads of state and government, executives of major corporations, heads of relevant government agencies, NGOs, and international organizations, along with top experts from around the world.

Note: The WPC Energy Congress has almost a century of history and has been held since 1933. The WPC Energy Congress in Astana will be the first international oil and gas event of this scale to be held in Kazakhstan. Previous WPC Energy Congresses have been held in the UK, USA, Norway, China, Brazil, Spain, Qatar, Russia, Turkey and Canada.
In 2026, the Congress will take place in Riyadh (Saudi Arabia).