Investments in Project of LUKOIL and KMG in Caspian Sea Could Amount to $6.5 Billion
Deputy Chairman of the Board of KazMunayGas Kuanysh Kudaibergenov clarified that KMG’s share in the project is 50% The volume of investments in the project of the national oil and gas company of Kazakhstan Kamunaigaz (KMG) and the Russian Lukoil Kalamkas – Khazar Operating may amount to about $6.5 billion. …
KazMunayGas Plans to Produce Up to 6.7 Billion Cubic Meters of Gas Per Year By 2030
KazMunayGas is developing a Gas Strategy, within which it plans to increase natural gas production to 6.7 billion cubic meters per year by 2030, excluding large projects – Tengiz, Karachaganak and Kashagan, Kazinform agency reports with reference to the press service of the national company KMG. In 2023, the exploitation …
Kazakhstan Plans to Commission Two Large Gas Fields
The national company of Kazakhstan Kazmunaigas intends to commission the Western Prorva and Kalamkas fields in 2027, production will amount to 1.1 billion cubic meters per year, the KMG press service reported on Friday. “In 2027, Kazmunaigas intends to put into operation the Western Prorva and Kalamkas fields. Gas production …