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Economy/Finances

A Gas Deadlock

28.10.2001

For the first time throughout Karachaganak gas condensate field history a crisis situation built up here. For two months in a row the field does not produce gas condensate. A GP-3 gas processing station has been idle since early September. Karachaganak integrated organization (KIO) management firstly justified it by saying they carried out the filed prophylactics. Later on, as it became clear "the prophylactics" are delayed, they had to admit the production had been halted due to taxation problems. In particular, Kuat Dombay, KIO PR manager told us the production halt is linked with a lack of gas supply contracts from KIO due to a double taxation. Dombay also stressed, that all other procedures at the field are executed in accordance with the plan. He obviously meant a processing complex construction and a KTK-adjoining Karachaganak-Atyrau pipeline. 368 


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