EBRD could finance the gasification project of Astana - News | BNews

EBRD could finance the gasification project of Astana

13 February, 13:23 297
EBRD could finance the gasification project of Astana

According to the Minister of Energy of the Republic of Kazakhstan, negotiations are under way with the Bank.

The project of gasification of Astana could be financed by the European Bank for Reconstruction and Development, Kazakh Energy Minister Kanat Bozumbayev reported to Bnews.kz during the meeting of the Government.

"For the purposes of gasification of Astana, as well as of the central and northern regions, KazTransGaz has developed a feasibility study for the construction of the Saryarka main gas pipelines, and there is a positive expert opinion. Currently, active negotiations are underway on the issues of financing projects through borrowing from the EBRD," the Minister said.

In this regard, according to the Minister, an interdepartmental working group is being formed with the participation of representatives of the Ministry of Energy, the Ministry of Finance, the Mayor’s Office of Astana, and Samruk-Kazyna to determine the conditions in the scheme for financing the Saryarka gas pipeline projects.

Bozumbayev noted that the implementation of the project would allow transferring to gas 192 private boiler houses in Astana, 48 small communal boiler houses, 22,000 private residential houses and hot-water boilers of CHPP-1, CHPP-3.

"According to our estimates, there is a reduction of emissions - 35,000 tons per year, and along the main gas pipeline route, there will be an opportunity for infrastructure development and the creation of new facilities using natural gas," concluded Bozumbayev.