Kazakhstan eyes to increase export, transit of gas to China

Baku, Azerbaijan, Sept. 25

Trend:

Energy-rich Kazakhstan intends to increase the export and transit of gas to China up to 100 billion cubic meters per year.

This was announced by Erkanat Temirkhanov, Deputy General Director for Transformation and Development of KazTransGas JSC, who spoke at the 16th ERRA conference on investments and energy regulation, Kazinform reported.

"In connection with the commissioning of Beiney-Bozoy-Shymkent at full capacity, we are building a powerful compressor station. We want to increase the export and transit of gas to China to 100 billion cubic meters per year, and maybe even more," he said.

Kazakhstan holds 0.8 percent of the world’s natural gas proven reserves, and produces 0.6 percent of the world’s total gas output, according to the BP’s statistics 2015.

The country serves as a major transit country for gas exports from Turkmenistan and Uzbekistan that are destined to Russia and China. Volumes from Turkmenistan and Uzbekistan are transported through the Central Asia-China gas pipeline network that links with CNPC's Second West-East Pipeline in western Xinjiang province at the border with Kazakhstan.

The volume of gas exports rose by 7.9 percent in 2016 to 13.7 bcm.

In a bid to increase the country's gas industry in 2018-2024, the government is considering the Amangeldy deposit not only as a resource base, but also storage.

The Amangeldy gas field in Jambyl region of Kazakhstan will be used as a large gas storage facility, according to Temirkhanov.

KazTantransGas has a subsidiary company Amangeldygas, through which it is planned to bring the volume up to 500 million tons a year. It's our subsidiary located in Jambyl region, he said.

Temirkhanov added: "For now, we are ready to transport 10 billion cubic meters of gas only to China. But we are working with Uzbekistan, Turkmenistan and Russia - its Gazprom.”

“Today, together with our scientists and other investors, we are developing a project for using Amangeldygas as a large gas storage facility. The available capacities for us are already not enough. We are thinking about the prospects for the growth of gas transportation to China, we will need a large gas storage facility in the south," Temirkhanov explained.

KazTransGas JSC is the largest gas supply company in the Republic of Kazakhstan, representing the interests of the state on domestic gas market and worldwide. KazTransGas operates natural gas transport via main gas pipelines, sales natural gas on domestic and foreign markets, develops, finances, constructs and maintains pipelines and gas storages.

KazTransGas operates a huge gas transportation system, which includes more than 30,000 kilometers of gas distribution networks, more than 15,000 kilometers of main gas pipelines, 56 compressor stations that have installed 316 gas compressor units and 3 underground gas storage.

Currently, KazTransGas is represented in 10 regions of Kazakhstan which are Almaty, Aktobe, Atyrau, East Kazakhstan, Zhambyl, West Kazakhstan, Kostanai, Kyzylorda, Mangystau and South Kazakhstan regions.

Kazakh gas is expected to face strong competition from Turkmen, Uzbek and Russian gas supplies under long-term contracts with China.

A majority of Kazakhstan’s proved natural gas reserves and natural gas production is possible thanks to the Karachaganak field. The Karachaganak field's gas reserves are estimated at 1.35 trillion cubic meters while oil and liquid condensates around 1.2 billion tons.

About 49 percent of Kazakhstan's gas production and 18 percent of its produced oil are extracted from this field.

Italy reports 344 coronavirus deaths on Saturday, 17,567 new cases
Italy reports 344 coronavirus deaths on Saturday, 17,567 new cases
Funeral for UK's Prince Philip to be held on April 17
Funeral for UK's Prince Philip to be held on April 17
Italy's economy seen growing 4.1% this year
Italy's economy seen growing 4.1% this year
Loading Bars
Latest
Bezos, Musk top Forbes' record-setting billionaire list
Turkey registers more than 52 600 new coronavirus cases
China-Brunei trade grows by over 70 pct in 2020
Argentina's economy minister heads to Europe to woo finance officials over debts
US boosts imports of Turkish-made clothes
Turkey sends off 2nd boron export train to China
First kidney transplant performed in Turkmenistan
Bahar Azadi gold coin price continues to fall in Iran
Iran unveils data of gasoline and petrochemicals exports
New transmission line to provide opportunities for both Georgia’s and EU energy network - expert
Weekly review of key events in Azerbaijan's transport sector
China fines Alibaba record $2.75 billion for anti-monopoly violations
Italy reports 344 coronavirus deaths on Saturday, 17,567 new cases
Azercell’s “Kabinetim” mobile app exceeded 1 million downloads
Pakistani FM to visit Tehran
Funeral for UK's Prince Philip to be held on April 17
Pinterest becomes latest platform to appoint Turkey representative
Italy's economy seen growing 4.1% this year
Volume of cargo loaded, unloaded in Iran’s Bandar Lengeh port announced
Turkmenistan’s growth of trade turnover in 1Q2021 announced
Turkish electrical goods' 1Q2021 export to Uzbekistan spikes
Azerbaijani president's assistant talks Turkic Council media co-op's systematization
Hungary considers Turkic Council member states important partners
Iran's Energy Exchange announces products to be on sale on April 11
Uzbekistan ready to actively partake in restoring Azerbaijan's liberated territories
Azerbaijan confirms 2,192 more COVID-19 cases, 1,554 recoveries
Turkey did its best in media coverage of Azerbaijan's Patriotic war - presidential administration
Azerbaijani president's assistant meets with Turkic Council's secretary-general
Briefing of Turkic Council's high-ranking media officials held in Baku (VIDEO)
Anti-Turkic campaigns periodically carried out - Azerbaijani president's assistant
Azerbaijan's victory in Second Karabakh War is victory for entire Turkic world - top official
Azerbaijan working to develop ties between Turkic states - president's assistant
Turkic Council developing roadmap for better co-op with Turkic-speaking countries
Turkic-speaking countries to continue to support Azerbaijan - Turkic Council
Armenia's refusal to provide maps of mines on Azerbaijan's lands is concerning - ambassador
Turkic Council's meeting held in Baku (PHOTO)
Iran reveals COVID-19 data for April 10
Kazakh, Uzbek PMs launch construction of new 'Central Asia' int'l co-op center
Turkish Ambassador: I've never separated Azerbaijan and Turkey, both are homeland to me
Buta Airways to Start Operating Flights to Zhukovsky Airport
Turkey's support for Azerbaijan in Karabakh war will always be in our memory - President Aliyev
Azerbaijan's MoD organizes visit for foreign military attaches to Air Force military unit
Turkish-Azerbaijani fraternal relations are at highest level today - President Aliyev
Iran's exports via Jolfa border checkpoint increase
Georgia reports 506 new coronavirus cases for April 10
SOCAR's capex to moderate due to SGC, STAR refinery’s commissioning
Certain licenses issued to setting up enterprises in Iran's Markazi Province
Turkey unveils 2M2021 data on freight, passenger traffic through Ankara Esenboga Airport
Azerbaijani oil prices up
Fitch Affirms SOCAR at 'BB+'
Turkmenistan's state budget revenues surpass initial forecast
Georgian TBC Leasing's secured debt rating equalizes with its Long-Term IDR
Azerbaijani president awards former Turkish ambassador with 'Dostlug' order
President Ilham Aliyev receives Turkish Ambassador to Azerbaijan Erkan Ozoral (PHOTO)
Turkmenistan's GDP grows in 1Q2021
Weekly review of Azerbaijani currency market
Iranian currency rates for April 10
Azerbaijan has favorable investment climate - Turkish MUSIAD
Azerbaijani Mine Action Agency continues to clear Gubadly, Zangilan, Jabrayil from mines
India reports a record 145,384 COVID-19 infections
Armenia set up booby traps on Azerbaijan's de-occupied lands - Mine Action Agency
Azerbaijan's rhythmic gymnasts 2-nd in online tournament organized by Finnish Gymnastics Federation
Azerbaijani gymnastics team captures silver in Egypt (PHOTO)
China's top market regulator imposes penalty on Alibaba Group over monopoly conduct
Iran's Isfahan producing 2,100 tons of medicinal herbs
Japanese entrepreneurs intend to increase imports of Kyrgyz honey
Austrian companies eye contribution to Georgian ports' expansion - ministry
Turkey reports 55,791 new COVID-19 cases
Germany to amend law for nationwide COVID-19 response
World Bank says Azerbaijan's consumer market to grow till 2023
Janssen's COVID-19 vaccine under EU review over blood clots
Number of COVID-2019 cases across globe up by over 718,000 in past day, says WHO
Poland's COVID-19 cases top 2.5 mln
Georgian-Lithuanian co-op facilitates freight transport between China, Europe - Ministry
US accelerator to provide Azerbaijani startup project with big investments
Eurowings to start flights from Dusseldorf to Georgia
NASA's Mars helicopter to attempt first flight
Health Minister hails vaccination in driving down COVID-19 severity in Turkey
Saudi-led coalition intercepts bomb-laden drone towards border city
Azerbaijani president expresses condolences to PM of UK
UN interested in intensifying ties with Azerbaijan - President of General Assembly
Azerbaijani FM, Sec-Gen of Turkic Council discuss issues of mutual interest (PHOTO)
"Georgia Capital" investment company to sell part of its business
Iran's only option on negotiation table - US lifting sanction - Iran’s ambassador to IAEA
Turkmen Helath Ministry opens tender for purchase of medical supplies
South Korean PM to visit Iran for Seoul-Tehran Cooperation
Speaker of Azerbaijani parliament meets with president of 75th session of UN General Assembly (PHOTO)
Azerbaijani president expresses condolences to Queen Elizabeth II
Azerbaijan clearing territory for new settlement of mines in Zangilan district
Azerbaijan aims developing use of wind energy
Russian, Turkish presidents call for restoration of transport infrastructure of South Caucasus
Azerbaijan actively participates in implementation of int’l projects within BTK and North-South corridors
State Oil Company of Azerbaijan digitizes information on oil and gas wells in corporate database
Azerbaijani, Turkish armies Joint Operational-Tactical Exercises end (PHOTO/VIDEO)
International Bank of Azerbaijan opens tender to buy network equipment
Russia always ready for settlement option supported by sides of Karabakh conflict - Foreign Ministry
State Oil Company of Azerbaijan hosts opening ceremony of Visualization Center (PHOTO)
Embassy of India organizes Interactive Webinar to promote Indian spices (PHOTO)
Bank Melli Iran’s branch in Azerbaijan completes Q1 2021 with profit
Uzbekistan receives status of GSP+ system's beneficiary
All news