Kazakhstan Chamber of Commerce in the USA


Kazakh Karachaganak field expansion expected by 2018

Posted on December 13, 2015 by KazCham

Colibri Law Firm BI@colibrilaw.com

Kazakhstan’s Ministry of Energy expects that the investment decision on the expansion project of the Karachaganak oil and gas field will be made by 2018, said the Deputy Energy Minister Magzum Mirzagaliev. It is also expected that the design of the Karachaganak field will be completed by the same year.

Discovered in 1979, the Karachaganak field is one of the largest gas condensate fields in the world, and accounts for around 49% of Kazakhstan’s gas production and 18% of the country’s oil production.

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