Azerbaijan may supply gas to China on swap terms
Kazakhstan, Astana, Sept. 23 / Trend K. Konyrova /
Kazakhstan is considering the possibility of "swap" operations with gas with Azerbaijan. Earlier, Kazakhstan offered Azerbaijan to take part in the project on gas transportation to China through the Kazakhstan-China pipeline.
"... We can exchange the Azerbaijani gas. It is clear that in-kind Azerbaijani gas cannot get into the pipe, to China, but there is an opportunity to exchange it for some volumes in Europe. It is possible," Managing Director of KazMunayGaz, Daniyar Berlibayev, said.
The Azerbaijani gas, particularly, with the second stage of the development of the Shah Deniz gas-condensate field (with total reserves of 1.2 trillion cubic meters) will be supplied to Europe via the Southern Corridor. The route includes Nabucco, ITGI and the Trans-Adriatic pipelines.
Construction of the Kazakhstan-China gas pipeline was launched in July, 2009. The completion of the construction and the start of gas deliveries are scheduled for June 2010. Initial capacity will be 4.5 billion cubic meters per year. The volume of gas pumping will be increased in the subsequent stages due to the commencement of the pipeline's second line and construction of seven compressor stations. The maximum volume of gas deliveries will amount to 40 billion cubic meters per year by late 2013. Some 30 billion cubic meters per year will fell on China and 10 billion cubic meters per year on Kazakhstan.
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