KazTransGas has plans to buy gas field in Uzbekistan

Kazakhstan, Astana, Nov.28 / Trend D. Mukhtarov / JSC "KazTransGas" (subsidiary of JSC National Company KazMunaiGas) has plans to buy gas field in Uzbekistan, JSC KazTransGas Director General Serik Sultangaly said in an interview with Trend. "We have plans to enter the Uzbek market, it is about buying a gas field in this country, despite the fact that our own gas reserves are estimated at trillion cubic meters. We intend to familiarize the leadership of our country with these intentions and plans," Sultangaly said. He said this step has an economic relevance. "The purchase of a gas field in Uzbekistan is due to the fact that the gas produced by us will be supplied to the south of the country and will be cheaper in five - six times for us - the Kazakh company, as we can use the existing gas transporting system, which was built by our grandfathers in Soviet times," Sultangaly said. He recalled that the construction of any new pipeline, especially in the large territory of Kazakhstan costs "billions of dollars". It should be recalled that gas from Uzbekistan to the south is supplied through two pipelines, "BGR-TBA" (Bukhara Gas Region- Tashkent-Bishkek-Almaty) and "Gazly-Shymkent". JSC KazTransGas was established in accordance with the Kazakh Government's decree № 173 dated Feb. 5, 2000 in order to systematize the work of oil and gas industry. In accordance with the government decree № 914 dated July 5, 2012, JSC "KazTransGas" has been defined as national operator in the sphere of gas and gas supply. Do you have any feedback? Contact our journalist at agency@trend.az