9 Jun 2022 17:09

Tokayev asks for 2 bcm of export gas from Tengiz field to be redirected to Kazakhstan's domestic market

NUR-SULTAN. June 9 (Interfax) - Kazakh President Kassym-Jomart Tokayev has asked the government and shareholders of the Tengiz project to look into the possibility of redirecting 2 billion cubic meters of exported gas to the domestic market in order to tackle its shortage.

Speaking at a meeting of the Council of Foreign Investors on the issues of decarbonization of the economy, Tokayev said the gas industry played a key role in reducing the use of coal, and with Kazakhstan reaching a 53% gas distribution level and almost 10 million of its citizens benefitting from access to natural gas.

"Gas consumption across the country is growing very rapidly. This is primarily due to the conversion of the Almaty CHPP-2 and CHPP-3 [power plants] to gas, the launch of gas and chemical facilities and new industrial enterprises," he said.

In addition, the government urgently needs to resolve the issue of financing a project on building a gas processing plant at the Kashagan field with capacity of 1 bcm.