Gazprom and Kazakhstan discuss gas supply increase and pipel

The parties discussed further cooperation in the gas sector and, in particular, the
extension of the long-term agreement till 2038 – on purchase and sale of gas produced
from the Karachaganakskoye gas and condensate field. A focus was also placed on the
prospects for the joint development of the Imashevskoye gas and condensate field.
 

In addition, the parties looked into the possible development of Russian and Kazakh gas
transmission networks.
 

Gazprom and KazMunaiGaz have a successful track record of cooperation since 2002,
within the KazRosGaz joint venture established on a parity basis and focused on purchasing
 gas of the Karachaganakskoye field, gas treatment at the Orenburg Gas Processing Plant
 and subsequent sales to Kazakh and Russian consumers.
 

The cross-border Imashevskoye field is located 60 kilometers northeast of Astrakhan in
Russia and 250 kilometers southwest of Atyrau in the Kurmangazy District, Kazakhstan.
The field contains over 100 billion cubic meters of explored gas reserves with a hydrogen
sulfide content of 15 to 17 per cent.
 

The Intergovernmental Agreement on joint exploration and survey of the Imashevskoye gas
and condensate field is effective since 2010. Gazprom and KazMunaiGaz were authorized
to implement the Agreement and KazRosGaz was identified as the Imashevskoye field
operator.
 

The explored natural gas reserves of Kazakhstan are estimated at 3.3 trillion cubic meters.
Natural gas reserves with the account of the Caspian Sea shelf are forecast at about 8
trillion cubic meters. Gazprom Group sold 4.7 billion cubic meters of natural gas in
Kazakhstan in 2013.