Major events in Caspian countries' oil and gas industry for last week (August 19-23)
KazTransGas intends to acquire all its gas from Kashagan field in Kazakhstan
Kazakhstan's KazTransGas will acquire the whole volume of Kashagan gas, extracted in the first stage before the expiry of the North Caspian Sea Production Sharing Agreement (NCSPSA), that is, till 2042 the report of JSC's press service said. The report was published before the ceremony of signing the contract for the sale of gas with the contracting companies of the North-Caspian project.
"Today we are signing a historical document. Its uniqueness is in that we will get additional amounts of natural gas for provision of internal market. The preliminary allocation of shares will be as follows: between 70 and 80 percent of the produced gas - for Kazakhstan's population, 30 or 20 percent, depending on internal market demands, will be exported," General Director of JSC KazTransGas Serik Sultangali said.
The agreement's signers include the contracting companies on NCSP - Agip Caspian Sea B.V., ConocoPhillips North Caspian LTD, ExxonMobil Kazakhstan Inc, Inpex North Caspian Sea, Ltd, KMG Kashagan B.V., Shell Kazakhstan Development B.V., and Total E&P Kazakhstan.
Turkmenistan prepares agreements with Japan on cooperation in oil and gas sphere
The report on preparation of documents of cooperation in oil and gas sphere, which are planned to be signed during the upcoming visit of Turkmen governmental delegation to Japan, was submitted to Turkmen president Gurbanguly Berdimuhamedov, Turkmen government said on Tuesday.
According to the report, Turkmen president noted that "it is necessary to pay special attention to the issues of further development of long-term mutually beneficial Turkmen-Japanese cooperation".
Turkmenistan views the possibility of participation of Japanese companies in joint investment projects in petrochemical, gas processing, electrotechnical and other sectors of industry.
Russia to deliver pipes for Turkmenistan-China pipeline
Chelyabinsk Pipe-Rolling Plant Group (ChelPipe) which is one of the largest companies manufacturing pipe products in Russia, completed the shipment of large diameter pipes for the construction of the third stage of the Central Asia-China gas pipeline, the company said.
The pipeline started operating in 2009 and according to the project, is intended to supply Turkmen gas to China through Uzbekistan and Kazakhstan. Currently work is being conducted to increase the pipeline's strength.
According to the information, the total supply under this project constituted 130, 000 tons pipes with a diameter of 1219 millimetres with an internal and external three-layer anti-corrosion coating. While carrying out this order some technology was improved including the modernisation of X-ray television and ultrasonic testing processes.
All products in Russia were produced under the control of Moody International's independent inspection.