Address
Aksai 418440
Burlin Region
West Kazakhstan Oblast
Kazakhstan
http://www.kpo.kz
Telephone
+44 208 8288 103
Fax
+ 44 208 8288 132/165
Description
Karachaganak Petroleum Operating B.V. (KPO) is a joint venture between BG Group (32.5%), Eni (32.5%), Chevron (20%), and LUKOIL (15%).
KPO oversees the expansion and development of the Karachaganak field - one of the world's largest oil and gas condensate fields - which is located in North West Kazakhstan and holds over 1.2 billion tonnes of oil and condensate and more than 1.35 trillion cubic metres of gas.
KPO's operations are regulated through a 40-year Final Production Sharing Agreement (FPSA) signed by the Kazakhstan government and the partners in November 1997.
Development of the field is bringing significant income to both the national and local economies and the project is providing long-term jobs to many Kazakh nationals.
KPO operates the following facilities: the Karachaganak Processing Complex (KPC); the gas and liquids separation and re-injection plant (Unit 2); the gas and liquids separation plant (Unit 3); the 635-km export pipeline Karachaganak-Bolshoi Chagan-Atyrau, giving Karachaganak access to world markets via the Caspian Pipeline Consortium (CPC) system.