Kazakh Amangeldy Gas announces production volumes for year end

Kazakhstan, Astana, October 4 / Trend, D.Mukhtarov /

Amangeldy Gas LLP, a subsidiary of KazTransGas JSC -KTG, plans to produce more than 321 million cubic meters of gas and over 20,000 tons of gas condensate by late 2013, the general director of KTG Serik Sultangali said in an interview to the state mass media on the tenth anniversary of Amangeldy Gas LLP.

"Amangeldy Gas LLP plans to produce 321 million 200 cubic meters of gas and 20,500 tons of gas condensate," Serik Sultangali said.

Amangeldy Gas LLP is the only organisation engaged in the exploration, production and development of hydrocarbon fields at the Zhambyl oblast (region) of Kazakhstan.

Sultangali reminded that the company's own production at Amangeldy allowed Kazakhstan to significantly reduce its imports from Uzbekistan.

Gas supplies from Uzbekistan were unstable, and at the first temperature dipping below zero, Uzbekistan sharply restricted the gas flow to Kazakhstan. This situation delayed the development of industry in the region and created a number of problems in heating supplies to social facilities.

In October 2003 with the commissioning of five production wells, a gas pipeline, central gas processing facilities and infrastructure facilities, the first launch complex was completed and the Amangeldy field was put into pilot production. Cheap gas supply to the population of Zhambyl region began.

In 2003, when Amangeldy Gas began production, it produced 20 million cubic meters of natural gas and nearly 3000 tons of condensate. For comparison, 2 470,667 cubic meters of gas and 200 294.6 tons of gas condensate was extracted as of early 2012.

According to the company, the total financing of the project amounted to more than $140 million. State budget funds were attracted to start the project. However, further development of Amangeldy field was self-funded by KazTransGas JSC.

"This means gas production at the Amangeldy field commissioned on October 23, 2003, lowered the gas shortage in southern Kazakhstan that annually consumes about 1.5 billion cubic meters," Sultangali said.

According to him, in the case of full funding of the work for commissioning new fields of the Amangeldy group and carrying out maintenance on reservoir pressure and the introduction of new production wells, annual gas production by 2017 will be about 400-500 million cubic meters of gas.

Vaezi: Legal proceedings underway to receive South Korea's debts
Vaezi: Legal proceedings underway to receive South Korea's debts
Iranian trucks carrying tomatoes stuck at Pakistani border
Iranian trucks carrying tomatoes stuck at Pakistani border
Iran to develop power cooperation with Afghanistan
Iran to develop power cooperation with Afghanistan
Loading Bars
Egyptian FM heads to Jordan for quartet Arab-EU meeting on Palestinian cause
Belgium to relax face mask rules
Finland, Norway and Sweden announce wider military cooperation
Singapore to permit more people back to workplace in easing COVID-19 control measures
Money transfers from Azerbaijan to Russia down in 2Q2020
Vaezi: Legal proceedings underway to receive South Korea's debts
Turkmenistan to help Afghanistan complete railway to Tajikistan border
Exports of knitwear from Georgia to Turkey down
Kazakhstan raises chemicals import from Turkey
Mali risks 'economic paralysis' from post-coup embargo: trade group
New residents in Azerbaijan’s Balakhani Industrial Park
Georgia slightly ups import of grain, legumes from Turkey
Iran, Russia seeking to expand scientific cooperation
Italy's goods export to Kazakhstan down twofold
Anglo Asian Mining increases payments to shareholders
Uzbekistan slightly reduces imports of leather goods from Turkey
Chairman of State Duma of Federal Assembly of Russia talks Azerbaijan’s territorial integrity (PHOTO)
Get rewarded with Azercell!
Chairman of Public Organization of Udi people thanks Azerbaijan
Agricultural production up in Azerbaijan’s Nakhchivan
Iran's plan to develop paddy fields fails, farmers demand compensation
Iranian trucks carrying tomatoes stuck at Pakistani border
Saudi Arabia explores wind potential in Uzbekistan
Azerbaijan to purchase COVID-19 vaccine
Iran to develop power cooperation with Afghanistan
Iranian Energy Exchange announces products to be on sale September 26
IranAir to resume flights to Germany after several months
Volume of cargo movement through Azerbaijani ports increases
Iran discloses volume of wheat purchased in Ardabil Province
Energy Community: 2020 - remarkable year in terms of Georgia's ability to continue on its reform path
Iran to announce decisive decisions on combating COVID-19
Kazakhstan taking measures to increase railway border stations capacities
Tesla expects approval for battery cells plant in Berlin
UK Brexit border delays 'likely to worsen' in January
Georgia sees decrease in car re-exports
Import of Turkish clothes by Iran plunges
Iran’s Bahar Azadi gold coin price continues to rise
Parliament speaker: Azerbaijani people to never allow creation of second Armenian state on their territory (PHOTO)
Azerbaijan confirms 173 more COVID-19 recoveries
Oil accounts for major part of exports from Azerbaijan to Croatia, says ministry
Volume of gas consumption in Iran revealed
Austrian OMV oil company to start gas exploration in Georgia
EAEU countries increase export of dairy products to Turkmenistan
Kazakhstan’s Oil Construction Company to buy pipes via tender
All activities for Ionian Adriatic Pipeline postponed: Croatian Ministry
Turkey's clothes export to Uzbekistan slumps
Russia eyes to build nuclear power plant in Uzbekistan
Vladimir Putin: Increase of excess income tax rates is justified step
Extraction plan for Iran's South Pars gas field determined
Azerbaijan, ADB discuss prospects for expanding cooperation (PHOTO)
Iran to begin studies related to Sanandaj-Bashmakh route
Kazakhstan Railways opens tender to buy electric generators
Review of dairy products exported by Georgia to Azerbaijan
Israel's Mobileye, Dubai's Habtoor partner on self-driving cars
Georgia exports first batch of honey to Azerbaijan
Azerbaijan developing vaccination strategy against coronavirus
Auction on placement of Azerbaijani Central Bank's short-term notes held
ADB talks opportunities for financing of projects in Azerbaijan
Kazakhstan's crude oil exports to Netherlands surge in 1H2020
Turkmen company plans to cover domestic demand for viscose thread
Volume of lending in Azerbaijan’s Nakhchivan Autonomous Republic increases
Volume of maritime cargo transshipment from S.Korea via Turkey detailed
Ukrainian International Airlines FlyUIA announces flights to Georgia
Kazakhstan's passenger cars export value to Azerbaijan revealed
Turkmen company for polypropylene production thread revealed export volumes
Turkish BOTAS discloses volume of oil shipment from Ceyhan terminal
Iran declares volume of areas put into operation in agricultural parks
Revenues of Azerbaijani Nakhchivan's mobile communication operators up
Speaker of Azerbaijani Parliament: Armenian PM's statements undermine international efforts for peaceful settlement of Karabakh conflict
Georgia's import of tubes, pipes, hollow profiles from Turkey up
Turkmenistan’s Turkmennebit exceeds volume of oil production
Non-cash payments getting increasingly popular in Azerbaijan
Kazakhstan’s QAZAQ AIR resuming flights on more domestic routes
Foreign trade turnover of Azerbaijan's Nakhchivan grows
Iran imports flu vaccine as possible medicine against COVID-19
Paris Eiffel tower evacuated
World GDP spent on energy to be halved by 2050
RAEX: Structural reforms in public sector of Uzbekistan’s economy to support the economic development
AZAL launches special flights to Ankara and Antalya
Turkey remains main importer of flours, meals, pellets from Georgia
Ways for decarbonizing operations of oil & gas companies
China's import of ready-made clothing from Turkey spikes
Geostat reveals volume of ferroalloys exported by Georgia to Turkey
Construction of Ashgabat-Turkmenabat highway continues
Asian Development Bank expanding support program in Azerbaijan
Oil & gas industry to become world’s carbon waste disposal agent
Number of people infected with coronavirus (COVID-19) in Iran exceeds 430,000
Georgians traveling to Estonia to be obliged to go through 14-day self-isolation
Value of exports from Iran’s Kohgiluyeh and Boyer-Ahmad Province climbs
GDP data of Azerbaijan's Nakhchivan revealed
Georgia reveals volume of fish exported to Azerbaijan
Azerbaijan's State Service on Property Issues to put up several enterprises for auction
Iran reveals details of exports from Yazd Province
Georgia reduces import of medicaments from Turkey
Iran threatens to exit from NPT and JCPOA
Precious metal prices in Azerbaijan down
Iran's Shazand Oil Refining Company opens tender to buy equipment
Mayor of Israeli city: Azerbaijan no doubt very tolerant country
Russia increases volume of cement imports from Turkey
Iran discloses amount of currency returned to country economy
All news