China suggests increasing gas pipeline capacity from Kazakhstan to 60 bcm
MOSCOW. June 22 (Interfax) - China is suggesting raising the capacity of the gas pipeline from Kazakhstan to 60 billion cubic meters from 30-40 bcm per year, Kairgeldy Kabyldin, chief executive of Kazakh oil and gas company KazMunayGas, said at the 8th Russian Oil and Gas Congress in Moscow.
"China recently suggested almost doubling the pipeline's capacity to 60 bcm in order to transit Uzbek and Turkmen gas to the Chinese market," Kabyldin said.
Kazakhstan is currently carrying two other gas transportation projects out: the Beineu - Bozoi - Akbulak pipeline and the Caspian gas pipeline project.
Kabyldin told reporters that the additional capacity requested by China might come on line in two or three years, but he did not say how much the project might cost.