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Regional governor: Kazakhstan must sell gas in tenge

Regional governor: Kazakhstan must sell gas in tenge

"Gas mined by Tengizchevroil in Kazakhstan must be sold in our national currency," Alik Aydarbayev, Governor of Mangystau region, told at the briefing in the Service of Central Communication.

"Just yesterday, I spoke out with this question in the government session. Even our oil companies increased their volume of gas production, we cannot completely provide ourselves with gas yet," Mr. Aydarbayev noted.

According to him, largest oil companies of Kazakhstan such as Tengizchevroil and Kaztransgaz sign their contracts between themselves in US dollar. When the rate exchange of Kazakhstani tenge increases against US dollar, the price of gas goes up. Then ordinary citizens have to pay more than it was in previews month.

Photo: radiotochka.kz

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