Image Credits- gov.kz
The anticipated partnership between Hyrasia One and the Sarzha multifunctional marine terminal of Semurg Invest, for the purpose of transporting pure hydrogen and ammonia from the Kuryk port in western Kazakhstan to Europe, is poised to significantly enhance Kazakhstan’s infrastructure and transportation sectors.
Semrung Partner, the ferry complex situated in Kuryk Port, renowned for its state-of-the-art equipment designed to streamline transshipment operations, has established a collaboration with Hyrasia One. Hyrasia One, a subsidiary of the European cleantech group SVEVIND Energy Group, specializes in the development of large-scale industrial energy projects.
This partnership is aimed at joining forces with Semrung Invest for the storage, transportation, and exportation of products derived from a green hydrogen production initiative located along the Caspian Sea, with the intent of reaching global markets. The formal agreement sealing this partnership was signed by Wolfgang Kropp and Madina Anet during the Global Getaway Forum.
The agreement holds numerous advantages for Kazakhstan. Firstly, it is anticipated to make a substantial contribution to carbon emissions reduction by embracing green energy, aligning with Kazakhstan’s commitment to becoming carbon-neutral by 2060, a pledge made at the UN Climate Ambition Summit in 2020. Secondly, this venture is poised to stimulate economic growth and create job opportunities.
Notably, this marks Semurg Invest’s inaugural terminal for the export of green hydrogen and ammonia in the Caspian Sea region, with the Trans-Caspian International Transport Route (TITR) playing a pivotal role in this value chain. As a result, Kazakhstan is set to gain prominence on the global stage for its involvement in green projects.
Significance of TITR Line
The Trans-Caspian International Transport Route is a critical transportation corridor that spans from Southeast Asia, China, through Kazakhstan, and across the Caspian Sea into Europe. This route holds strategic importance for European nations. The advantageous location of the Kuryk port on this route provides nations with efficient transportation options and access to potential markets in regions such as Asia and the Middle East. Notably, the Kuryk port has the capacity to transport up to 11 million tons of ammonia annually.
In 2022, a significant volume of cargo was successfully transported between the European Union, Central Asia, and China using this route. The Trans-Caspian International Transport Route International Association, established in 2017, consists of member countries including Azerbaijan, Bulgaria, China, Georgia, Kazakhstan, Poland, Romania, and Turkey. Potential future members of this association may include Austria, Estonia, Germany, Hungary, Latvia, and Lithuania, further expanding the network and opportunities for international trade and collaboration.
Hyrasia One’s expressed interest in investing in several infrastructural projects in Kazakhstan is poised to have a positive impact on both rail and maritime trade in the region. This agreement holds the potential to enhance and expand Kazakhstan’s transportation and trade networks, fostering increased economic growth and international connectivity.
The Global Gateway Forum 2023 convened influential figures from the European Union, partner nations, financial institutions, and entrepreneurs. The central themes of the forum revolved around the transition to green energy and hydrogen, infrastructure development, the availability of critical raw materials, and the expansion of transportation corridors. This agreement is expected to facilitate the construction of an additional Sarzha multifunctional terminal, further supporting the forum’s objectives and contributing to the growth of vital infrastructure and green energy projects.