Kazakhstan prepares to implement pilot project on exploration and production of methane
Astana, Kazakhstan, May 29
By Daniyar Mukhtarov - Trend:
A memorandum of association has been signed between Kazakhstan's KazTransGas JSC and the LeMar CA Inc. group of companies on creating a joint venture (JV), the JSC said.
The aim is to implement the investment project on exploration and production of methane in the Karaganda coal basin of Kazakhstan.
The document was signed by the president of the LeMar CA Inc. group of companies, Leon Popik and the Director General of the KazTransGas JSC, Serik Sultangali.
"This document gives a start to providing the country's northern regions with gas," Sultangali said after the signing ceremony.
He pointed out that this project is implemented in accordance with the Kazakh president's instruction on organizing the production and utilization of coal bed methane.
The director general of the KazTransGas JSC said the project is aimed at studying the alternative options of gasification of Kazakhstan's central and northern regions.
This direction is innovative in the field of hydrocarbon production. Methane is one of the most important non-traditional energy sources. Its probable reserves allow considering it as an alternative component of the Kazakh fuel and energy base.
KazTransGas joint stock company held the negotiations and reached an agreement on further joint activity with CoreLaboratories (research center for coal bed methane development), ScientifficDrilling (company producing equipment and creating drilling technologies), LeMar CA Inc. (engineering company for integrated field development), which are part of LeMar CA Inc, according to the report. It is necessary to examine and use the U.S best practice, especially in the field of coal seam drilling.
These companies headed by LeMar CA Inc. are implementing the coal bed and shale gas (methane) production projects in the United States and the world.
KazTransGas joint stock company was created in 2000 to organize work in the oil and gas industry. It operates in the corporate asset management in the exploration, production, transportation and distribution of gas. KazTransGas was determined the national operator in the field of gas and gas supply in accordance with the Kazakh government's decree No 914 dated July 5, 2012. KazTransGas group of companies includes businesses and organizations producing, transporting and selling gas.
Edited by C.N.