NUR-SULTAN. KAZINFORM - Kazakhstan and France signed a joint roadmap for economic and investment cooperation until 2030. The document was signed during the visit of the Minister-Delegate for Foreign Trade and Economic Attractiveness under the Minister of Europe and Foreign Affairs of France Frank Riester to Kazakhstan, organized by the Ministry of Foreign Affairs of the Republic of Kazakhstan, KAZAKH INVEST, together with the Embassies of the two countries and the Association of French Entrepreneurs MEDEF, Kazinform cites the press service of KAZAKH INVEST.
Argentine President Alberto Fernández Wednesday expressed his gratitude to his French colleague Emmanuel Macron for the latter s support with regards to debt renegotiations with the International Monetary Fund (IMF) and the Paris Club.
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The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an €87.4 million financing package jointly organised by, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and PROPARCO, a subsidiary of Agence Française de Développement. The funds will be used to construct and put into operation a 100 MW photovoltaic (PV) solar power plant near the city of Samarkand, Uzbekistan.
The package will be provided to project developer Tutly Solar LLC (Tutly Solar), which is fully owned by Total Eren, a leading France-based independent power producer (IPP) for renewable energy sources (mainly solar and wind), active globally. It will consist of an EIB loan of €43.7 million and two loans of approximately €21.8 million each from the EBRD and PROPARCO.
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Angola: TOTAL Starts Production From Zinia Phase 2, Successful Short-Cycle Development On Block 17
Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage and Offloading unit). The project includes the drilling of nine wells and is expected to reach a production of 40,000 barrels of oil per day by mid-2022.
Located in water depths from 600 to 1,200 meters and about 150 kilometers from the Angolan coast, Zinia Phase 2 resources are estimated at 65 million barrels of oil.
The development of this project was carried out according to schedule and for a CAPEX more than 10% below budget, representing a saving of 150 million dollars. It involved more than 3 million manhours of work, of which 2 million were performed in Angola, without any incident.