Kazakhstan Intends to Develop New Gas Deposits
The Kazakh authorities are planning to develop new gas fields with a total production volume of 1 billion cubic meters in the near future. m per year. This was stated by the President of the Republic Kassym–Jomart Tokayev in a message to the people at a joint meeting of the chambers of Parliament.
“Last year, the operation of a number of gas fields began, and it is also planned to develop new gas deposits with a total production volume of 1 billion cubic meters. m per year. However, before these projects are fully commissioned, gas supplies to the domestic market should be rationally distributed, and a balanced approach should be taken to transferring thermal power plants and household consumers from coal to gas,“ he said.
According to him, the modernization of sections of the Central Asia – Center main gas pipeline with a length of over 800 km was completed in record time. It is necessary to expand capacities and diversify gas transportation routes.
“One of the primary tasks of the government remains to provide gas to the population and the economy. The government is instructed to accelerate the construction of gas processing plants in Zhanaozen, Kashagan and Karachaganak. This is a priority task,“ the country‘s leader said.
The Head of State also stressed that for the successful development of the industry, effective incentives aimed at ensuring the return on investment, including the provision of adequate tariffs and wholesale prices, should be introduced as soon as possible.
“Such conditions are extremely important for new investments in the exploration of gas fields. Otherwise, it is simply impossible to provide the economy with sufficient volumes of gas,“ Tokayev explained.
