National Company KazMunayGas (Kazakhstan) announces measures to save energy and increase operating energy efficiency

04.05.12 16:46
/KASE, May 4, 12/ - JSC "National Company "KazMunayGas" (Astana), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of May 4, 2012: quote One of key factors of successful development of KMG group is a permanent improvement of energy efficiency of the operations. Transition to an energy- saving way of development is one of top priorities of KazMunayGas's long-term strategy. Purposeful work on improvement of energy efficiency is carried out on enterprises of JSC "KazTransOil" (KTO) where the Target Energy-Saving has been running since 2007, with the planning period of 3 years. Under that program a row of projects are carried out, which allow a reduction in consumption of electricity and heat. So, introduction of an Automated System of Power Consumption Recording and Control allows a real time technical and commercial recording of energy and control of its weighted consumption. Analysis of those data allows maintaining economical modes of pipeline operation and to timely take appropriate measures in case of their deviation from the set parameters of power consumption. Introduction of the mentioned system enables saving of up to 10% of the power consumed or around 40 m KWt/h per annum. Another efficient power saving means is introduction of a frequency-regulated drive of pump units which allows a 10-30% reduction in power consumption. unquote the full press-release is available on KASE website, at: - http://www.kase.kz/files/emitters/KMGZ/kmgz_reliz_040512.pdf - in Russian; - http://www.kase.kz/files/emitters/KMGZ/kmgz_reliz_040512_k.pdf - in Kazakh. [2012-05-04]