site.news_by_theme Karachaganak

Hydrocarbons processing complex in Karachaganak oil and gas field. Photo ©REUTERS
Kazakhstan in talks with Russia on decreased gas supplies to launch a gas processing facility of its own

Kazakhstan plans a gas processing facility of its own in the West of the country to process gas from Karachaganak oil and gas field.

Kazakhstan in talks with Russia on decreased gas supplies to launch a gas processing facility of its own
Karachaganak oil and gas condensate field. Photo courtesy of kmg.kz
Karachaganak Petroleum Operating fined $50 million

Karachaganak Petroleum Operating was fined $50 million for emissions.

Karachaganak Petroleum Operating fined $50 million
Karachaganak oil and gas field. Photo courtesy of topneftegaz.ru
Stake in Karachaganak will bring $5 billion to Kazakhstan by 2037

Kazakhstan's 10-percent stake in KPO will generate an additional profit of $3.3-5 billion: Oil and Gas Minister.

Stake in Karachaganak will bring $5 billion to Kazakhstan by 2037
Hydrocarbons processing complex in Karachaganak oil and gas field. Photo  ©REUTERS
Phase one of gas processing plant in Karachaganak to be put in operation in 2019

KazMunaiGas evaluates the construction costs of gas processing plant in Karachaganak at 3.7 billion dollars.

Phase one of gas processing plant in Karachaganak to be put in operation in 2019
Hydrocarbons processing facility of Karachaganak Petroleum Operating. ©REUTERS
U.S. Ambassador to Kazakhstan commented on Karachaganak and Kashagan contracts

U.S. Ambassador to Kazakhstan Kenneth J. Fairfax gave his comments on Kashagan, Tengiz and Karachaganak.

U.S. Ambassador to Kazakhstan commented on Karachaganak and Kashagan contracts
Photo courtesy of topneftegaz.ru
3rd stage at Karachaganak to be revisited

It calls for certain modifications. Its configuration is subject to further discussions: Oil and gas Minister Sauat Mynbayev.

3rd stage at Karachaganak to be revisited
Oil and Gas Minister Sauat Mynbayev. flickr.com
Kazakhstan’s Oil and Gas Minister on Karachaganak deal

According to him, “the consortium will be exempted from export duty”.

Kazakhstan’s Oil and Gas Minister on Karachaganak deal
Hydrocarbons processing facility of Karachaganak Petroleum Operating. ©REUTERS
Kazakhstan will claim "several hundred million dollars" in taxes from KPO

The Tax Commission of Kazakhstan Ministry of Finance has completed a tax inspection of Karachaganak Petroleum Operating.

Kazakhstan will claim "several hundred million dollars" in taxes from KPO
Pumping station at Karachaganak field. Photo courtesy of dic.academic.ru
Part of Karachaganak to be sold to Kazakhstan this week

The agreement on transferring 10 percent in Karachaganak oil and gas project to Kazakhstan will be signed this week.

Part of Karachaganak to be sold to Kazakhstan this week
Hydrocarbons processing complex at Karachaganak oil and gas field. ©REUTERS
Negotiations over Karachaganak to be over before the New Year

There are no disagreements left: Vice Minister of Oil and Gas Lyazzat Kiinov.

Negotiations over Karachaganak to be over before the New Year
Photo courtesy of topneftegaz.ru
Karachaganak, North Caspian and Tengiz oil projects to be exempted from limits of foreign labor force

Limits are not applicable to these projects before January 1, 2015.

Karachaganak, North Caspian and Tengiz oil projects to be exempted from limits of foreign labor force
Kazakhstan Minister of Finance Bolat Zhamishev. Photo courtesy of flickr.com
Key issues resolved on Karachaganak: Kazakh Finance Minister

We have the principle agreement, but as usually devil is in the detail. We are working on all the details right now: Zhamishev.

Key issues resolved on Karachaganak: Kazakh Finance Minister
Photo courtesy of topneftegaz.ru
Kazakhstan is ready to pay $700 million - 1.1 billion for a stake in Karachaganak

With its 1.2 billion tons of oil and condensed gas and 1.35 trillion cubic meters of gas, Karachaganak is one of the largest O&G fields in the world.

Kazakhstan is ready to pay $700 million - 1.1 billion for a stake in Karachaganak
Hydrocarbons processing complex at Karachaganak oil and gas field. ©REUTERS
Kabyldin told about plans for Karachaganak development by the end of 2011

Chairman of KazMunaiGas National Oil Company told about plans for Karachaganak field development at the press-conference of the 6th Eurasian Forum KAZENERGY.

Kabyldin told about plans for Karachaganak development by the end of 2011
Timur Kulibayev. By Yaroslav Radlovsky ©
Kazakhstan hopes to join Karachaganak project within a month: Timur Kulibayev

With its 1.2 billion tons of oil and condensed gas and 1.35 trillion cubic meters of gas, Karachaganak is one of the largest O&G fields in the world. Karachagank accounts for 49% of all the gas production and 18% of oil production in Kazakhstan.

Kazakhstan hopes to join Karachaganak project within a month: Timur Kulibayev
Hydrocarbons processing complex at Karachaganak oil and gas field. ©REUTERS
Government and KPO continuing negotiations on Karachaganak oilfield

Possibility and conditions for the Government to buy a stake in the project fully depend on commercial terms to be finalized during the negotiations: Oil and gas Ministry.

Government and KPO continuing negotiations on Karachaganak oilfield
Hydrocarbons processing complex at Karachaganak oil and gas field. ©REUTERS
Karachaganak to settle issues with Kazakh authorities by the end of 2011

I believe that discussions will come to a constructive conclusion and I expect that this will be this year, possibly, by the end of this year: KPO head.

Karachaganak to settle issues with Kazakh authorities by the end of 2011