Search

Oil & Gas

Tuesday
16 Jul 2024

Kazakhstan to Build Four Gas Processing Plants

16 Jul 2024  by en.inform   

Photo credit: primeminister.kz

According to the Minister of Energy of the Republic of Kazakhstan, Almassadam Satkaliyev, four gas processing plants are scheduled to be constructed between 2026 and 2030, Kazinform News Agency.

The plants will be built using raw materials sourced from the Kashagan field, with a capacity of 1 and 2.5 billion cubic meters per year, the Karachaganak field, with a capacity of 4 billion cubic meters per year, and the KazGPZ LLP in Zhanaozen, with a capacity of 900 million cubic meters per year.

Qatari UCC Holding has expressed interest in constructing gas refineries based on the raw materials of the Kashagan field. Minister Satkaliyev revealed that negotiations regarding the final terms of implementation for the projects between JSC NC QazaqGaz and UCC Holding are underway.

Within the context of encouraging investment in the exploration and development of new gas fields, QazaqGaz and Chevron signed a cooperation agreement on July 1 regarding potential geological exploration at the Zhalibek site in the Aktobe Region.

According to the QazaqGaz press service, negotiations and technical preparations for this project have been ongoing for the past year. In the initial phase, Chevron will reprocess existing seismic data and develop technical interpretations. The parties view the signed agreement as a potential starting point for more extensive collaboration.

Keywords

More News

Loading……