Kazakhstan, Astana, Sept.6 / Trend, A.Maratov /
A ceremony of welding the first joint linear part of the gas pipeline "Beineu-Bozoy-Shymkent" was held in the Kazakh city of Turkestan (South-Kazakhstan region), JSC NC KazMunaiGas (KMG) said.
"The Kazakh Oil and Gas Minister Sauat Mynbayev started welding the first joint linear part of the gas pipeline called 'Beineu-Bozoy-Shymkent'," the company said.
"KMG" is implementing a construction project for the "Beineu-Bozoy-Shymkent" gas pipeline under the State program on a program of forced industrial-innovative development in Kazakhstan for 2010 through 2014. The "Beineu-Bozoy-Shymkent" gas pipeline, with length of 1,475 km, will pass through Mangystau, Aktobe, Kyzylorda and South Kazakhstan regions.
During the period of construction, about 3,500 Kazakh specialists will be brought in and 500 jobs created during the pipeline's operation. Gas will be supplied to more than 1.5 million people.
Terms of implementation are as follows: the construction of the first stage of the "Bozoy-Shymkent" section, with a capacity of up to 6 billion cubic meters throughput 2011 and 2012; construction of the second stage of the "Beineu-Bozoy" section will increase capacity to up to 10 billion cubic meters throughout 2015 and 2016.
"The construction project of the "Beineu-Bozoy-Shymkent" gas pipeline, implemented in accordance with the intergovernmental agreement between Kazakhstan and China is significant for the economy and energy security of Kazakhstan," Kairgeldy Kabyldin, the KMG board chairman, said during his speech.
"This pipeline will allow for the diversification of export routes for Central Asian gas, the increase of Kazakhstan's revenues at the expense of taxes and revenues from the transportation of gas transit, and multiple-level growth in the country's economy due to investments from the construction of the third branch of the "Kazakhstan-China" gas pipeline," KMG said.
KMG is a national oil and gas exploration, production, processing, and transportation operator, representing the government's interests in Kazakhstan's oil and gas industry. KazMunayGas is 100 percent owned by the National Welfare Fund, "Samruk-Kazyna."