Kazakhstan may become significant gas supplier to world markets by 2030 - Kazakh Ministry of Oil and Gas
2012-05-23 17:34:12
Kazakhstan by 2030 may become a significant supplier of gas to world markets through its secondary production at oil and gas fields, Vice Minister of Oil and Gas Bolat Akchulakov said, news agency Novosti-Kazakhstan reported.
"Kazakhstan is not a global player in mining and production of gas now, but the fact that liquid hydrocarbon production will decline, leads to exploration of gas, which is now injected into the layers. We assume that the amount of 109-110 million cubic meters will be achieved through secondary recovery," he added during the Vth Astana Economic Forum.
He recalled that the production level of 109-110 billion Kazakhstan will be reached by 2030. The current amount is 40 billion cubic meters.
CA-NEWS