National Company KazMunayGas JSC and China National Petroleum Corporation held bilateral negotiations in the furtherance of the agreement signed earlier by the heads of the two states.
During the meeting, the sides agreed on the future increase in the Kazakh gas exports to China, up to 10 billion cubic meters per annum. They underlined the need for further development of the gas pipeline infrastructure, as well as modernization and capacity expansion of the existing gas pipelines.
The Chinese corporation put a high value on implementingthe previously adopted agreement for the supply of Kazakh gas. It was also decided to gradually increase the capacity of two "A" and "B" lines of Kazakhstan-China Pipeline by the end of 2019.
In order to expand transportation through Kazakhstan territory, it is planned to increase the capacity of Beineu-Bozoy-Shymkent Pipeline by building new compressor stations and upgrading existing ones.
Vice-President of the National Company KazMunayGas JSC K. Sharipbayev made specific mention of the strategic significance of Kazakh gas supplies to the People's Republic of China and assured of the readiness of the Kazakhstan’s gas pipeline system to expand transportation and exports: “The export of Kazakh gas to China is possible through the agreements reached by the heads of our states and two similar government programs of Kazakhstan and China "Nurly Zhol" and "One Belt, One Road", which contribute to the development and implementation of joint projects.”
The Chinese side highly appreciated the arrangement of Kazakh gas supplies to China and the level of partnership since the start of Kazakh gas exports to the country. This long-awaited event took place on October 15, 2017.
The volume of natural gas supplied from the Central Asian countries to China through the Central Asia-China Pipeline increased by 13.4% up to 38.7 billion cubic meters as of the end of 2017. Since the launch of the transnational gas pipeline in late 2009, a total of 203.2 billion cubic meters of gas have been transported to China.