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Kazakhstan to work out strategy for development of gas sector

Oil&Gas Materials 27 January 2014 18:17 (UTC +04:00)

Astana, Kazakhstan, Jan. 27

By Daniyar Mukhtarov - Trend:

Kazakhstan will work out a strategy for the development of the country's gas sector, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Jan.27 at an extended collegium of the ministry dedicated to the results of 2013.

"It is necessary to more precisely decide on the concept and the strategy for the development of the country's gas sector. In connection with the fact that we mainly have associated gas, it will be produced in parallel with oil. At the same time, all leading expert agencies of the world forecast the long-term and high growth of demand for this raw material, especially for liquefied gas," the minister said.

In this connection, jointly with KazMunaiGas and KazTransGas, the ministry needs to speed up the work on working out the conceptual and strategic plans for the development of the gas sector in Kazakhstan, according to Karabalin.

Translated by L.Z.

Edited by C.N.

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