Kazakhstan to Boost Gas Supply to China in 2025

QazaqGaz and PetroChina have agreed to increase gas supply to China in 2025, according to the press service of the Kazakh company.

"QazaqGaz Board Chairman Sanzhar Zharkeshov and Executive Chairman of PetroChina International Board of Directors Wu Junli signed an addition to the three-year gas contract. This step will lead to an increase in gas exports to China in 2025," the press service said, The Caspian Post reports citing Interfax.

The additional agreement was signed on the sidelines of a Kazakh-Chinese business forum in Astana, it said.

As reported, QazaqGaz and PetroChina International signed a contract for gas exports in 2023-2026 during Kazakh President Kassym-Jomart Tokayev's visit to China on October 17, 2023. The contract envisages supply of up to 10 billion cubic meters of Kazakh gas to China.

QazaqGaz is a portfolio company of the Samruk-Kazyna Sovereign Wealth Fund, which manages centralized infrastructure transmitting commercial gas through trunk pipelines and gas distribution networks, provides international transit, sells gas on the domestic and foreign markets, and designs, funds, builds and operates pipelines and gas storage facilities.

QazaqGaz operates gas pipelines with an approximate length of 76,000 kilometers, including 20,000 kilometers of trunk pipelines, with the annual capacity of up to 267.8 billion cubic meters and gas distribution networks of about 56,000 kilometers.