National wealth of the subsoil: prospects for development and discoveries

National wealth of the subsoil: prospects for development and discoveries

24.12.2024 20:18:45 1260

Chairman of the Committee of Geology of the Ministry of Industry and Construction of the Republic of Kazakhstan Yerlan Akbarov made a presentation at a briefing at the Central Communications Service under the President of the Republic of Kazakhstan. Yerlan Galiyev, Chairman of the Management Board of JSC National Geological Survey, also took part in the briefing.
Geological surveys are a strategic area that ensures the development of mineral resources, which are uniquely diverse and in high demand on foreign and domestic markets.
"To date, the state balance sheet in Kazakhstan has accounted for 987 deposits of solid minerals, 355 deposits of hydrocarbons, 3,666 deposits of common minerals and about 4,540 deposits of groundwater," Yerlan Akbarov stressed.
According to the results of the state examination of reports on the results of geological exploration, an increase in reserves for a number of minerals of significant value has been confirmed.
According to the Code of the Republic of Kazakhstan "On Subsoil and Subsoil Use", from January 1, 2024, Kazakhstan has implemented a full transition to KAZRC (CRIRSCO) international reporting standards for solid minerals, which plays an important role in increasing the inflow of investments into the geological and mining industries of Kazakhstan.
Every year, at the expense of the state budget, regional work is carried out on the state geological survey of the subsurface on a scale of 1:200,000. These works are aimed at achieving coverage of the geological and geophysical study of the territory of Kazakhstan up to 2.2 million square kilometers by the end of 2026 as part of the implementation of the instructions of the Head of State in the Address to the People of Kazakhstan dated 2023.
To date, the geological and geophysical survey is 1,255.6 thousand square kilometers, by the end of this year it is planned to increase this figure to 2014.4 thousand square kilometers, in 2025 the coverage area will be 2,038.2 thousand square kilometers. The total amount of financing for this type of work for 3 years is more than 20 billion tenge.
There are significant prospects for new discoveries of hydrocarbon deposits in Kazakhstan. Currently, geologists have identified 15 sedimentary basins with estimated conventional fuel resources of about 76 billion tons. Today, the entire volume of oil and gas production accounts for 5 developed basins, of which the Caspian basin is considered the largest, accounting for about 80% of the country's resource base.
At the same time, 5 additional poorly studied sedimentary basins have significant prospects: the North Turgai, Aral, Syrdarya, Shuarysui and Irtysh sedimentary basins. The unrealized hydrocarbon potential of these basins remains quite significant.
At the same time, in order to ensure environmental sustainability, approaches to studying the subsurface are being significantly revised today.

Source : https://www.gov.kz/memleket/entities/mps/press/news/details/901668