Gas field development concept to be drawn up until year end

Date: 07:08, 07-04-2014.

Astana. April 7. KazTAG - The concept of gas field development will be drawn up in Kazakhstan until the end of 2014, said Uzakbay Karabalin, Minister of Oil and Gas.

"Until the end of the year gas field development concept will be drawn up," he said.

In his words, the Ministry has brought amendments into the rules on limited prices definition of wholesale of commercial and liquefied gas which does not take into account the margin constituent of the national operator.

"The purchasing prices from subsoil users of commercial gas will be retained until the end of 2014," he said.

The Ministry is developing changes which stipulate cost coefficient while defining expenses on crude gas processing which eliminate the interest of subsoil users in redistribution of expenses between gas production and processing.

"These measures are supposed to regulate price formation and provide stability of prices for commercial gas," he concluded.

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