Special concept for development of Kazakhstan’s gas sphere to be worked out by late 2014

Special concept for development of Kazakhstan’s gas sphere to be worked out by late 2014

Astana, Kazakhstan, May 28

By Daniyar Mukhtarov - Trend:

Kazakhstan is working out a special concept for development of the gas sphere, the country's Oil and Gas Minister Uzakbai Karabalin said on May 27 at a press conference in Astana.

'Gas has the highest demand potential among all types of energy resources, according to the international experts," Karabalin said.

The minister said the priority areas of the future concept include the gasification of the country's regions and ensuring the uninterrupted gas supply to the country's domestic market, development of the gas transmission infrastructure, commercialization of natural gas, the development of the gas chemistry sphere, the liquefied gas market and so on.

"It is planned to increase Kazakhstan's gas production from the current 40 billion cubic meters to nearly 60 billion cubic meters by 2030. The expected volume of the gas re-injection will make up nearly 25 billion cubic meters (11.8 billion cubic meters in 2014)," the minister said.

Karabalin stressed that the tank gas production will be stable and remain at the level of 21 billion cubic meters.

"By decreasing the gas injection volume in 2030s, it is planned to significantly increase the volume of tank gas to 35-40 billion cubic meters," the minister said.

He went on to add that the potential of shale gas and gas of coal fields will be examined in Kazakhstan in the medium term.

Kazakhstan's Deputy Prime Minister - Minister of Industry and New Technologies, Asset Issekeshev said that the strategic goals of the new concept for development of the country's fuel and energy complex is to increase the sour gas production to 59.8 billion cubic meters per year, to bring the volume of re-injection of associated petroleum gas to some 25 billion cubic meters per year and to produce around 21 billion cubic meters of tank gas per year.

Edited by C.N.

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