BAKU, Azerbaijan, September 24. QazaqGaz group
companies have concluded offtake contracts worth more than 3
billion tenge (about $6.7 million), excluding VAT, with domestic
manufacturers this year, QazaqGaz Managing Director for Procurement
and Supply Almas Akylov said at a roundtable on supporting domestic
producers in Astana.


According to the company's press service, additional contracts
worth more than 4 billion tenge ($9 million) are expected to be
concluded by the end of the year.


The total volume of purchases by QazaqGaz group companies
involving domestic manufacturers has exceeded 7.9 billion tenge
($17.7 million) this year.


"These volumes confirm that QazaqGaz is fulfilling the country's
leadership's instructions to increase the share of domestic goods
in procurement and improve the offtake contract system," the
company said.


During the roundtable, Intergas Central Asia, a QazaqGaz
subsidiary, signed offtake contracts with Zhaik Electric for the
supply of a welding unit and with PRODCORE for the supply of an
automatic control system for a gas compressor unit.







To develop cooperation with domestic manufacturers, Intergas
Central Asia also signed memorandums on localizing the production
of gas pressure regulators, quick-release devices and steel pipes
with BatysMunayGazZhabdyktary, Kazakhstan Metal Structures Plant
and TEMPO-Kazakhstan.


All dollar equivalents are calculated at the rate of $1 = 445.65
tenge.


According to the company's website, QazaqGaz is a portfolio
company of Samruk-Kazyna. It manages Kazakhstan's centralized
infrastructure for the transportation of commercial gas through
main gas pipelines and gas distribution networks, provides
international gas transit, and sells gas in domestic and foreign
markets. The company also develops, finances, constructs and
operates gas pipelines and gas storage facilities.


The QazaqGaz group operates gas pipelines with a total length of
about 76,000 kilometers, including around 20,000 km of main gas
pipelines with an annual capacity of up to 267.8 billion cubic
meters and approximately 56,000 km of gas distribution
networks.