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KazTransGas and Kolon Corporation of South Korea to construct 95 CNG filling stations

26 august 2011, 00:21
0
©RIA Novosti
©RIA Novosti
KazTransGas and Kolon Corporation of South Korea signed a memorandum on construction of 95 CNG filling stations in Kazakhstan, Novosti Kazakhstan reports.

The document was signed in Astana August 24 at the Kazakh – South Korea business forum held during the official visit of President Lee Myung-bak of South Korea.

“The project is estimated at $100 million”, Daniyar Berlibayev, Director General of KazTransGas told journalists following the signing ceremony.

According to him, the companies are already working to construct 5 such filling stations in Almaty, the biggest city of Kazakhstan.

“Altogether, 100 CNG filling stations will be launched, with 2 of the first 5 to be completed this year”, Mr. Berlibayev said.

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