...

Kazakh KazTransGas increases volume of gas transportation in I half of year

Oil&Gas Materials 31 July 2012 18:11 (UTC +04:00)

Kazakhstan, Astana, July 31 /Trend D.Mukhtarov/

The volume of gas transportation of KazMunaiGas subsidiary - KazTransGas - through mains amounted to 56.4 billion cubic meters during the first half of 2012, compared to 54.3 billion cubic meters in the same period last year, the company said on Tuesday.

"Thus, the volume of transportation through the mains of Intergas Central Asia amounted to .1 billion cubic meters (50.8 billion cubic meters in the first half of 2011), of which the volume of international transit - 39.7 billion cubic meters, the volume of gas to domestic transportation - 5.5 billion cubic meters, the volume of transporting gas for export amounted to 5.9 billion cubic meters," the company said.

The volume of transportation through the mains of Kazakhstan-China Asian Pipeline amounted to 5.3 billion cubic meters (3.5 billion cubic meters in the first half of 2011).

The volume of gas transportation is provided in the amount of 108.5 billion cubic meters in 2012. JSC KazTransGas sold 6, 282 billion cubic meters of gas in the first half of the yearcompared to 5.7 billion cubic meters in January-June 2011.

Amangeldy Gas (a subsidiary of KazTransGas) extracted 163 million cubic meters of gas and 11,000 tons of gas condensate. The company extracted 164.7 million cubic meters of gas and 11.1 thousand tons of gas condensate in January-June 2011.

KazTransGas pursues an active investment policy. According to operational data, capital investment of the company in the production at own expense amounted to 23.802 billion tenge in the first half of 2012, compared with 11.954 billion tenge.

Capital expenditures at own expense is provided in the amount of 61 billion 724 million 778 thousand tenge. Capital expenditures at its own expense amounted to 47.068 billion tenge in 2011.

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.

Latest

Latest