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Kazakhstan to return 800 mln cub m of gas to Russia’s Gazprom before yearend

September 04, 2012, 19:31 UTC+3

In 2011 Kazakhstan borrowed gas in Gazprom to cover the republic domestic needs

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ASTANA, September 4 (Itar-Tass) — Kazakhstan plans to return before the end of the year about 800 million cubic metres of natural gas, borrowed in Russia’s gas monopoly Gazprom to cover the republic’s domestic needs in 2011, Kazakhstani Minister of Oil and Gas Sauat Mynbayev said on Tuesday.

“In the preceding heating season we borrowed about 800 million cubic metres of gas in Russia’s Gazprom. We are going to return gas debt by November 1,” the minister said at the government’s meeting.

Kazakhstan’s southern regions receive natural gas owing to supplies from Uzbekistan. But that republic sharply decreased its gas deliveries to Kazakhstan at the end of 2011, he reaffirmed.

In order to guarantee stable gas supplies to the republic’s regions in the winter months of 2012-2013, Kazakhstan agreed with Gazprom and Chinese companies that Astana to borrow about 1.2 billion cubic metres of gas, which is being transported through its territory, Mynbayev said.

“Of them, 500 million cubic metres of gas will be used for the heating season of the current year, and another 700 million cubic metres of gas will be used in January-March 2013,” the Kazakhstani minister said.

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