Quick Facts

Where the impacts of the investment may be experienced.
  • Kazakhstan
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • European Bank for Reconstruction and Development (EBRD)
Status: Repaying
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-05-25
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Intergas Central Asia JSC
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
  • Construction
  • Energy
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 277.44 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported KZT 93,600,000,000.00
Converted using 2016-03-18 exchange rate.
Project Cost (USD): $ 333.45 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Currency conversion note:
Bank reported KZT 112,500,000,000.00
Converted using 2016-03-18 exchange rate.

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Primary Source

Original disclosure @ EBRD website
Updated in EWS: 2017-08-10
Disclosure Date: 2016-03-18
Bozoi Gas Storage Facility

Project Description
This project finances Intergas Central Asia JSC, the national operator of gas transmission pipelines in Kazakhstan, to support the ongoing capital expenditures programme, including the expansion of Bozoi underground gas storage facility.
Investment Description
Owned by KazTransGas JSC and, ultimately, Samruk-Kazyna Sovereign Welfare Fund, Intergas Central Asia JSC (ICA) is a designated operator of Kazakhstan's natural gas transmission system. Gas pipelines under ICA's management include the Russia-bound Central Asia - Centre pipeline, Bukhara - Ural, Orenburg- Novopskov, and Bukhara-Tashkent-Bishkek-Almaty trunk lines, and other assets. ICA earns most of its revenues by transporting natural gas through these pipelines. In addition, the company operates three underground gas storage facilities, provides technical and maintenance services to third parties. ICA employs around 7,000 staff in Kazakhstan.
Contact Information
Daniyar Bekishev d.bekishev@ica.kz +7 717 297 72 15 +7 717 297 70 28 www.intergas.kz Intergas Central Asia JSC 12th floor, Bolashak Business Center, #11 Block, 36th street Astana, Kazakhstan ACCOUNTABILITY MECHANISM OF EBRD The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD’s own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.
Bank Documents