Kazakhstan to submit feasibility study on Caspian gas pipeline in Q12010
Sept 23. Interfax
Kazakhstan will prepare a feasibility study on the Caspian gas pipeline project in the first quarter of 2010, KazMunayGas managing director Daniyar Berlibayev said.
“We had planned to complete [the study] this year, but we will put it off until next year,” Berlibayev told journalists in Astana on Wednesday.
Berlibayev said Kazakhstan needs to estimate the projected gas volume that will be pumped through the pipeline.
“We need to have an idea about the gas transportation volumes to draw up the study. We need to know the amount of gas to make feasibility estimates,” he said.
Kazakhstan, Russia and Turkmenistan earlier agreed to build the Caspian gas pipeline.
Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said on September 11 that Kazakhstan would complete the feasibility study for the Caspian gas pipeline project in November 2009.
“The project’s feasibility study will be completed by Kazakhstan in November. The whole technical and economic report on the project will be completed in January,” he said.
By the start of 2010, Kazakhstan will be “legally and technologically prepared to implement the project,” he said.
Kazakhstan ratified the agreement for the construction of the Caspian gas pipeline on May 14, 2009.