KMG takes out a USD 700 mln loan to complete Beineu-Bozoi-Shymkent gas pipe

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Friday, 28 February 2014 09:55
KazMunayGas JSC has taken out a USD 700 mln loan from China Development Bank for the completion of the Beineu-Bozoi-Shymkent gas pipeline. The signing ceremony took place today in Beijing, our corespondent reports. 

The term of a loan is 15 years. KazTransGas JSC, a KMG subsidiary, will forward the loan proceeds to building a 311 km long Beineu-Bozoi linear section and a compressor plant in Karaozek in the Kyzylorda region.
The pipeline construction is expected to come to an end in 2014.

BEIJING. KAZINFORM27 February 2014
Ключевые слова: KazMunayGas

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