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Kazakhstan to provide legislative basis for development of shale oil and gas

Kazakhstan Materials 9 June 2022 14:01 (UTC +04:00)
Kazakhstan to provide legislative basis for development of shale oil and gas
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, June 9. Kazakhstan will envisage the legislative determination of unconventional hydrocarbons, including shale oil, Minister of Industry and Infrastructure Development of the Republic of Kazakhstan Kairbek Uskenbayev said while introducing amendments to the legislation on energy conservation, at the plenary session of the Senate of the Parliament of the Republic of Kazakhstan, Trend reports citing the Senate.

"Amendments to the Code of the Republic of Kazakhstan 'On subsoil and subsoil use' propose to define unconventional hydrocarbons, including shale oil, shale gas, and gas hydrates, as well as the competence of the authorized body for the study of subsoil in classifying the calculated reserves. The changes will provide a legislative basis for the exploration and development of unconventional hydrocarbons, including shale oil and shale gas," the minister stated.

Some amendments are related to the construction of buildings, border divisions, and automobile checkpoints across the state border. To this end, it's proposed to empower the authorized body in transport and highways with the competence of constructing buildings and border divisions of the Border Service of the National Security Committee (NSC), as well as automobile checkpoints across the state border.

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