Oil and gas minister: Reason for some delay in construction of Beyneu-Bozoy-Shymkent pipeline is technical solution
Azerbaijan, Baku, Oct. 21 /Trend, S.Suleymanov/
The reason for some delay in construction of Beyneu-Bozoy-Shymkent pipeline is not finance, but is related to the technical solution of the future configuration of the route, the minister of oil and gas Sauat Mynbayev said Thursday.
According to him, the financial issue with the Chinese side on the joint construction of this project has been fully resolved. He remembered that the conditions for participation is 50 to 50.
"Each party is obliged to invest $500 million, in our budget for this year has already provided $330 million and the remaining $170 million will be budgeted in subsequent years," noted the minister.
According to Mynbayev, the cause of a delay in starting the construction of the pipeline is the discussions over the future configuration of the route.
"It is clear that the resource base for the future pipeline should be fields in western Kazakhstan, but we also have a group of gas fields in the Aktobe region - it is Zhanazhol group, which is located on an intermediate line of the future project," he said.
According to him, now work is conducted to clarify the volume of gas in Zhanazhol group, which will soon be completed.
Beyneu-Bozoy-Shymkent gas pipeline is the second stage of Kazakhstan-China pipeline.
"In 2009, a transit gas pipeline from Turkmenistan to China was launched, of which capacity is 30 billion cubic meters per year, and we intend to join it through the construction of domestic gas pipeline Beyneu-Shymkent-Samsonovk. And we intend to begin construction of domestic gas pipeline this year," said the minister.
He remembered that the design capacity of Beineu-Bozoy-Shymkent pipeline is 10 billion cubic meters per year.
"But really, we expect to start with five billion cubic meters of gas and the main purpose of the pipeline is supply gas to southern Kazakhstan. It will also serve as an export pipeline to China," said Mynbayev.
According to him, until the construction of Beyneu-Bozoy-Shymkent pipeline, southern Kazakhstan will depend on gas supplies from neighboring Uzbekistan. "In the south, we consume about three billion cu.m gas from Uzbekistan," he said.