Kazakhstan to increase gas exports to China to 10 bn cu m per year
NC "KazMunaiGas" JSC and the Chinese National Oil and Gas Corporation held bilateral negotiations in the framework of the implementation of the agreement signed earlier by the Heads of two states. Following the meeting, an agreement on a prospective increase in the export of Kazakhstan’s gas to China to 10 billion cubic meters per year was reached, the national company reported.
The parties noted the need for further development of the gas transportation infrastructure, modernization and expansion of the capacity of the existing gas pipelines.
The Chinese corporation highly appreciated the implementation of the previously adopted agreement on the supply of Kazakhstan’s gas. It was also decided to increase the capacity of two "A" and "B" lines of MG "Kazakhstan-China" by the end of 2019 step-by-step.
"To expand transportation through Kazakhstan’s territory there are plans to increase the capacity of MG "Beineu-Bozoy-Shymkent" by building new compressor stations and modernizing existing ones", the message reads.
Vice President of NC "KazMunaiGas" JSC K. Sharipbayev noted the strategic importance of the supply of Kazakhstan’s gas to the People's Republic of China and assured in the readiness of Kazakhstan's gas transportation system to expand the gas transportation and export.
"Export of Kazakhstan’s gas to China became possible due to the agreements of the Heads of our States and the implementation of two similar state programs of Kazakhstan and China - "Nurly Zhol" and "One Belt One Road", which contribute to the development and implementation of joint projects", K. Sharipbayev said.
The Chinese side highly appreciated the organization of supply of Kazakhstan’s gas to China and the level of partnership since Kazakhstan's domestic gas began to flow into the Middle Kingdom. This long-awaited event took place on October 15, 2017.
Deliveries of natural gas from Central Asian countries to China via the "Central Asia-China" gas pipeline increased by 13.4% in the end of 2017 to 38.7 billion cubic meters. Since the beginning of the introduction of the transnational gas pipeline in late 2009, a total of 203.2 billion cubic meters of gas were transported to China.
