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Kazakhstan to borrow gas for heating season

6 September 2012 12:14 (UTC+04:00)
Kazakhstan to borrow gas for heating season

Kazakhstan will borrow 1.2 billion cubic meters of gas from China, Russia and Uzbekistan for the heating season, Kazinform news agency reported with the reference to Oil and Gas Minister Sauat Mynbayev.

"We have agreed on borrowing 1.2 billion cubic meters of gas from China, Gazprom [Russian gas company] and Uzbekistan to provide the country with gas in the heating season. [Domestic] gas consumption is growing," Mynbayev said.

Mynbayev added that the agreement with China will be signed in the coming days.

Mynbayev said that 500 million cubic meters of borrowed gas is intended for the heating season this year, including December, while 700 million cubic meters will be consumed in January, February and March 2013.

Kazakhstan borrowed 800 million cubic meters of gas from Gazprom in the previous heating season, Mynbayev added.

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