Kazakhstan is exploring options with Azerbaijan on finding new export outlets for its mounting natural gas production as an alternative to existing routes to the international market.
Discussions on technical fixes for the ambitious agenda were discussed at this week’s Azerbaijan-Kazakhstan intergovernmental commission on economic cooperation in Baku.
“One option we are considering is the construction of a [liquified natural gas, or LNG] plant in western Kazakhstan for the further transportation of this commodity through Azerbaijan to the global market,” Energy Minister Kanat Bozumbayev was quoted as saying by Informburo this week.
Kazakhstan is producing ever larger amounts of gas — far more than required for internal consumption — but is struggling to find profitable markets where to sell it. The Energy Ministry estimates gas output this year will reach 50 billion cubic meters, 10 percent up on 2016. And Bozumbayev said in Baku that this upward pattern is only set to continue.
To read the full story