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Kazakhstan announces investments in construction of Beineu-Bozoy-Samsonovka gas pipeline

Oil&Gas Materials 13 September 2011 12:43
Some 19.1 billion tenge ($1 - 147 tenge) will be allocated from the Kazakh state budget for the construction of the "Beineu-Bozoy-Samsonovka" gas pipeline, the Kazakh Finance Minister Bolat Zhamishev said at the regular government meeting in Astana on Tuesday.
Kazakhstan announces investments in construction of Beineu-Bozoy-Samsonovka gas pipeline

Kazakhstan, Astana, Sept.13 / Trend, A. Maratov /

Some 19.1 billion tenge ($1 - 147 tenge) will be allocated from the Kazakh state budget for the construction of the "Beineu-Bozoy-Samsonovka" gas pipeline, the Kazakh Finance Minister Bolat Zhamishev said at the regular government meeting in Astana on Tuesday.

"Within a forced industrial-innovative development, 19.1 billion tenge will be allocated from the state budget for the construction of the "Beineu-Bozoy-Samsonovka" gas pipeline," Zhamishev said, presenting the project within the national budget for 2011.

A foundation stone of the gas pipeline Beineu - Bozoy - Shimkent was laid in late 2010. The gas pipeline is designed for transporting natural gas from oil and gas fields in western Kazakhstan to the southern region of the republic for stable supplies of natural gas to Kizilorda, South Kazakhstan, Jambil, and Almata regions, as well as to export gas supplies to the "Kazakhstan-China" gas pipeline.

The length of the gas pipeline reaches about 1,500 km. It will pass through Mangistau, Aktobe, Kizilorda, and South Kazakhstan's territories.

As the government repeatedly said, some $3.6 billion is needed to construct the main gas pipeline.

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