(BRIEF) As part of a vital step towards sustainability, LUKOIL is depositing a commemorative capsule to represent the start of construction of a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a nominal capacity of 4. 95 MW, will supply environmentally friendly solar energy to LLC LUKOIL Lubricants Central Asia’s production facilities. This initiative, which is scheduled to complete the first 2 MW line in 2024, underlines LUKOIL’s commitment to boosting energy and reducing its carbon footprint. The company, known for its hydrocarbon production, is making an investment in renewable energy resources such as solar, wind, and hydropower generation, aligning with global decarbonization efforts, as evidenced by its participation in the Oil and Gas Decarbonization Charter signed in December 2023.
(PRESS RELEASE) VIENNA, March 3, 2024 — /EuropaWire/ — A commemorative capsule marking the start of the construction of a solar power plant (SPP) has been placed in the Almaty region of the Republic of Kazakhstan. the production facilities of LLC LUKOIL Lubricants Central Asia (a wholly-owned subsidiary of PJSC LUKOIL) with environmentally friendly solar energy.
The SPP will be in the vicinity of the LUKOIL lubricants plant. It has a nominal capacity of 4. 95 MW. Se the structure of the plant’s first 2 MW line is expected to be completed in 2024.
LUKOIL focuses on the power of energy and the reduction of its carbon footprint, similar to the production of hydrocarbons. The company is actively developing solar, wind and hydropower generation.
The main assignment for 2023 will be the commissioning of a larger green energy facility: a wind farm in the Murmansk region with a capacity of more than two hundred MW.
In December 2023, LUKOIL signed the Oil and Gas Decarbonization Charter with 50 primary energy corporations around the world.
LUKOIL is one of the world’s largest vertically incorporated petroleum and fuel companies and accounts for more than 2% of crude oil production and approximately 1% of hydrocarbon reserves shown globally. LUKOIL benefits from a complete production cycle that allows it to cover the entire price chain from upstream to downstream. LUKOIL employs more than 110,000 people who combine their efforts and talents to ensure the company’s leadership in the market.
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