KazTransGas defined as Kazakh national operator in gas and gas supply sector
Azerbaijan, Baku, July 11 / Trend E. Kosolapova/
Kazakh Government defined KazTransGas company as national operator in the gas sector and gas supply industry, the company reported on Wednesday.
"In the capacity of the national operator, KazTransGas priority activity aims to ensure reliable supply of commercial gas to meet the domestic demand in Kazakhstan," the company said.
The national operator will participate in development and implementation of the master plan for gasification of Kazakhstan, exercise the priority right of the government for acquisition of crude and commercial gas, exercise the priority right of the government for acquisition of assets forming an integrated network for gas supply and sales, manage centralized dispatching center ensuring daily control of technological operation mode of the integrated network for gas supply and sales, implement wholesale and retailing sales of commercial gas and other functions.
KazTransGas, was established in 2000 with the aim to streamline the operations in oil and gas sector. KazTransGas group of companies holds entities producing, transporting and trading natural gas and its products.
The volume of gas transmission in 2011 reached 110.552 billion cubic meters, or 9 percent above the 2010 results. The gas sales volume for the same periods was 10.890 billion cubic meters exceeding the same results of 2010 by 28 percent. The year profit of the company in 2011 totaled to 39.951 billion tenge (149.86 tenge = $1).