Press release for the meeting of the Commission on Oil and Gas of the Public Council regarding Fuel and Energy Complex and Ecology

On March 28 of the current year the Ministry of Energy held a regular meeting of the Commission on Oil and Gas of the Public Council regarding Fuel and Energy Complex and Ecology.

At the meeting of the Commission on Oil and Gas the following issues were considered:

1. Discussion of the work on the uninterrupted and high-quality provision of FLM in the domestic market by Kazakhstan's oil refineries;

2. Hearing of a report on measures to improve legislation in the field of gas and gas supply, as well as on the elimination of legal gaps identified in the process of law enforcement practice for the sale of commodity gas purchased from a national operator outside the territory of the Republic of Kazakhstan;

3. Development of methane extraction from coal-beds  in the Karaganda basin;

4. On new mechanisms and rules in subsoil use in accordance with the New Code "About Subsoil and Subsoil Use".

The meeting was attended by members of the Public Council, representatives of the Ministry, «KazTransGas» JSC and the Union of Oilfield Service Companies of Kazakhstan.

On the first issue, the head of the Commission B. Auetaev raised the question of the real time when 3 domestic plants will fully provide oil products with the needs of the domestic market, it is also recommended to take appropriate measures to eliminate the numerous intermediary structures that resell oil products from resource holders.

On the second issue, V.M. Borisov raised the issue of working out a mechanism for close cooperation between the Ministry and «KazTransGas» JSC on improving the legislation in the gas and gas supply sectors.

On the third issue, representatives of "KazTransGaz" JSC in detail highlighted the progress of research work on the methane extraction from coal-beds and raised the issue of finding ways of financing for further research on this project.

Following the discussion of these issues, the relevant structural units of the Ministry are given recommendations and proposals.