QazaqGaz, Qatari UCC Holding to build gas processing plants at KashaganNational Company QazaqGaz JSC and Qatari UCC Holding signed an agreement on the construction of gas processing plants at the Kashagan field, the press service of the head of Kazakhstan reported.The agreement was signed following negotiations between President Kassym-Jomart Tokayev and Emir of Qatar Sheikh Tamim bin Hamad Al Thani.As reported, in September 2023, the operator of the Kashagan field - North Caspian Operating Company (NCOC) - began construction of a gas pipeline to the future gas processing plant (GPP) of the Kazakh state company QazaqGaz, through which 1 billion cubic meters of gas will be transported to the GPP annually.The length of the gas pipeline from the Bolashak Oil and Gas Processing Plant to GPP will be about 15 km. The launch of this project will increase oil production at the Kashagan field by approximately 25,000 b/d.The implementation of this project will, among other things, provide the regions of Kazakhstan with natural gas.The new gas processing plant with annual capacity of 1 billion cubic meters per year is expected to be put into operation in 2025. Another gas processing plant with the capacity of 4 billion cubic meters per year will be built by 2028.Commercial gas from these two plants will be transported via the Central Asia - Center gas pipeline, and for the northern and southern regions of the country - through the Beineu - Bozoi - Shymkent gas pipeline.Kashagan is the first offshore oil and gas field in the Kazakh sector of the Caspian Sea, as well as the largest international investment project in the country. Its recoverable reserves range from 9 billion to 13 billion barrels of oil. Commercial production there began on November 1, 2016. In 2022, 12.7 million tonnes of oil were produced at the field.NCOC shareholders are KMG Kashagan B.V. (16.877%), Shell Kazakhstan Development B.V. (16.807%), Total EP Kazakhstan (16.807%), AgipCaspian Sea B.V. (16.807%), ExxonMobil Kazakhstan Inc. (16.807%), CNPC Kazakhstan B.V. (8.333%), Inpex NorthCaspian Sea Ltd. (7.563%).QazaqGaz manages the infrastructure for transporting gas through main gas pipelines and gas distribution networks, provides international transit and sells gas on the domestic and foreign markets, develops, finances, builds and operates pipelines and gas storage facilities.UCC Holding is a Qatari construction company, part of Power International Holding (ICE ALMATY)

Fonte notizia: INTERFAX