Company building gas processing plant at Kashagan field to transfer into government ownership

Company building gas processing plant at Kashagan field to transfer into government ownership

A company, which is building gas processing plant at the Kashagan field, will be transferred into state ownership. The corresponding decree was adopted by the Kazakh Government. The company is the operator of the project for construction of the plant with a capacity of over 1 billion cubic meters based on raw materials from the Kashagan field. Due to the fact that a private investor refused to continue its implementation, now the enterprise will be transferred to “QazaqGaz”. Therefore, the transfer will provide domestic market with commercial and liquefied gas at an affordable price for the population, as well as timely implementation of the plant construction project.