Kazakhstan to begin Russian gas transit to Uzbekistan in October

By bne IntelIiNews July 24, 2023

Kazakhstan is set to commence the transit of Russian gas to Uzbekistan in October, Trend.az has reported. 

Chairman of the management board of state-run QazaqGaz, Sanzhar Zharkeshov, recently visited facilities in Atyrau region to inspect progress on preparatory work for the Kazakhstan section of the Central Asia-Centre gas pipeline system, the media outlet said.

The pipeline system is intended for the transport of Russian gas to Uzbekistan through Kazakh territory.

In May, QazaqGaz and Russia's Gazprom signed their agreement on the transportation of natural gas via Kazakhstan to consumers in Uzbekistan. The annual volume of gas supply under the agreement is projected to reach nearly 2.8bn cubic metres. 

 

Related Articles

S&P upgrades ratings of Freedom subsidiaries to ‘BB-’

S&P Global Ratings has upgraded the credit ratings of several subsidiaries of Nasdaq-listed Freedom Holding, raising ratings on Freedom Finance, Freedom Finance Europe, Freedom Finance Global and ... more

Kazakhstan’s Freedom fintech sets out to emulate and exceed Revolut in Europe

Freedom Holding Corp (Nasdaq: FRHC) is positioning itself to expand deeper into Europe’s financial services market with plans to launch a digital bank in France, backed by a €500mn ($572mn) ... more

Fintech Freedom Holding aims to make France key entry point into EU with €500mn investment

A French banking licence would open the way to a new phase in the international expansion of Nasdaq-listed fintech group Freedom Holding Corp. That’s the expectation of Freedom, a company ... more

Dismiss
liveChat() ?>