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Kazakhstan to work out concept for development of gas industry

Oil&Gas Materials 7 April 2014 14:04 (UTC +04:00)

Astana, Kazakhstan, April 7

By Daniyar Mukhtarov - Trend:

The concept for development of gas industry will be worked out in Kazakhstan by late 2014, the country's Oil and Gas Minister Uzakbai Karabalin said on April 7 during the 'government hour' in Majlis (lower house of the parliament).

"The concept for the development of gas industry in Kazakhstan will be worked out by late 2014," he said.

The minister recalled that the further development of the gas sphere is one of the priority areas of the country's Oil and Gas Ministry's activity.

"The role of gas in the world energy balance will increase in 2030-2040, according to forecasts of international experts," Karabalin said.

Translated by L.Z.

Edited by S.I.

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