ASTANA, Kazakhstan, June 15. KazMunayGas (KMG),
Kazakhstan’s nationwide oil and gasoline firm, and Karachaganak
Petroleum Working B.V. (KPO) mentioned the standing of the gasoline
processing plant venture on the Karachaganak subject, which goals to
course of 4.5 billion cubic meters of uncooked gasoline yearly, Development stories.
In response to KMG, these points had been mentioned throughout a gathering
between Askhat Khassenov, Chairman of the Administration Board of KMG,
and Marco Marsili, Basic Director of KPO.
It was famous that, to take care of manufacturing ranges at 10-11
million tons per 12 months, the sphere operator is implementing the
Karachaganak Growth Challenge. This venture contains the
set up of extra fifth and sixth gasoline reinjection compressors
to maintain reservoir strain and improve oil restoration.
The assembly additionally addressed the export of Karachaganak oil amid
elevated demand for Kazakh hydrocarbons in Western Europe. Final
12 months, round 1 million tons of oil from Karachaganak had been delivered
to Germany for the primary time by way of the KazTransOil and Transneft
transportation techniques. Within the first 5 months of 2024,
roughly 500,000 tons have been delivered, with projections
exceeding 1 million tons by the tip of the 12 months.
Karachaganak Petroleum Working B.V. operates one of many
world’s largest gasoline condensate fields. The Karachaganak subject,
found in 1979, is positioned in northwestern Kazakhstan. KPO is a
three way partnership comprising Eni S.p.A. (29.25 p.c), Shell plc
(29.25 p.c), Chevron (18 p.c), Lukoil (13.5 p.c), and
KMG (10 p.c).
