Five villages in Zhambyl region to be gasified with funding from Development Bank of Kazakhstan

To date, a little more thana half of the settlements in Zhambyl region have been gasified. Nearly 70 percent of the old gas distribution systems in the region have been upgraded. From 2011 to 2019, almost 1,000 kilometers of dilapidated gas pipelines were replaced there. Now residents of Zhambyl region have no gas supply shortage. Additional 42 kilometers of the gas pipeline will be built in Kordai district in the near future. This means that more than 50,000 residents of this area will be provided with natural gas. The modernization and construction of gas pipelines is being implemented with the funding from the Development Bank of Kazakhstan (DBK), a subsidiary of the Baiterek Holding.

“We attracted more than 16 billion tenge (US$37.3 million) from the DBK for the modernization of the city of Taraz, and more than three billion tenge (US$7 million) for the construction of a high-pressure supply gas pipeline made of polyethylene for the Kordai district,” said Saken Ismailov, Director of Zhambyl production branch of ‘KazTransGas Aimak’ JSC.

Massanchi, Karakemer, Sortobe, Bular Batyr, Aukhatty of Kordai district are the first villages to be gasified in the region. More than 5,000 residential buildings and 274 social and business facilities will be gasified by the end of the year.

“The gas distribution networks of the cities of Taraz and Aktobe, as well as Kyzylorda region and Turkistan region, were built and modernized with the funding from the DBK. In October of this year, a credit line was increased by 3.6 billion tenge (US$8.4 million) in order to finance gasification of five settlements in the Kordai districts of Zhambyl region,” added Assem Shakenova, Senior Banker in the Customer Service Department of the Development Bank of Kazakhstan

In total, the money allocated by the DBK to the KazTransGas Aimak JSC for the construction and modernization of gas distribution networks in Kazakhstan amounted to 77.5 billion tenge (US$181 million). Now the villagers hope that the heating problems during winter will be left behind. In addition, the project implementation will improve the environmental situation in the region by reducing harmful substances emission into the atmosphere.