Russia's Gazprom and Kazakhstan Sign Deal for Major Cross-border Natural Gas Pipeline
Russian energy giant Gazprom and the government of Kazakhstan have signed a memorandum of intent to construct a major new natural gas pipeline.
The agreement aims to strengthen bilateral energy cooperation and address Kazakhstan’s increasing domestic demand.
- The memorandum was finalized at the 14th St. Petersburg International Gas Forum (SPIGF).
- A meeting between Gazprom Chairman Alexey Miller and Kazakh First Deputy Prime Minister Roman Sklyar took place.
- The proposed infrastructure is designed to have an initial transport capacity of 10 billion cubic meters per year.
The agreement establishes the framework for building a main gas pipeline from Russia to Kazakhstan.
Author's summary: Gazprom and Kazakhstan sign deal for new pipeline.