Kazakhstan to Boost Natural Gas Exports to China Following New Agreement
Photo: elements.envato, illustrative purposes
QazaqGaz and PetroChina International have signed a deal to increase Kazakh natural gas supplies to China, reports Orda.kz.
The agreement comes as China implements retaliatory tariffs on U.S. energy imports amid ongoing trade tensions.
The agreement was formalized on February 12 at the Kazakhstan-China Business Forum in Astana.
QazaqGaz Chair Sanzhar Zharkeshov and PetroChina International Executive Board Chairman Wu Junli signed an addendum to their three-year gas purchase and sale contract.
This step will increase the volume of gas exports to China in 2025, which confirms the strategic partnership between Kazakhstan and China in the energy sector. The Kazakh gas industry is a reliable supplier of resources to strengthen the region's energy security, QazaqGaz stated.
While specific volume increases were not disclosed, QazaqGaz's expansion plans are currently constrained by pipeline capacity.
The company is planning a new pipeline branch to China, with construction expected to take two to three years.
Kazakhstan may also emerge as a crucial transit route for increasing Russian gas exports to China.
Notably, Türkiye and Turkmenistan also signed a natural gas supply agreement.
Original Author: Nikita Drobny
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan