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Kazakhstani PM orders to explore shale gas deposits urgently in republic

March 13, 2012, 20:04 UTC+3
“Therefore, the energy policy and competitiveness of industry in that country were changed noticeably,” Masimov said
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ASTANA, March 13 (Itar-Tass) —— Kazakhstani Prime Minister Karim Masimov has given an order to explore fields of shale gas in the republic in the shortest time possible.

In his words, implementation of high technologies in the shale gas development made it possible to change the energy policy of the biggest part of countries. As an example the Kazakhstani prime minister mentioned the United States, where “gas prices dropped thrice over the past three years.”

“Therefore, the energy policy and competitiveness of industry in that country were changed noticeably,” Masimov said.

According to him, there are a lot of talks about the existence of shale gas in Poland in the past time.

“We should promptly find resources in order to start as soon as possible geological surveys of shale gas fields that may be located near our [Kazakhstani] coal deposits, which are similar to those in Poland,” the prime minister said, stressing that the Kazakhstani government is even ready to assign the appropriate funds from the national reserves for the purpose.

Besides, he believes that it is necessary to invite a partner who has already accumulated an experience in the development of shale gas fields.

In his opinion, the shale gas exploration works should be carried out as soon as possible. Masimov is confident that the existence of shale gas commercial reserves in Kazakhstan may change seriously the republic’s energy and industrial ideology.

“It is of huge importance to conjoin the country’s gas exploration and production policy with its electricity generation sector,” the Kazakhstani prime minister said.

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