Lukoil projects in Kazahkhstan enter new stage
Posted: 1 August 2003
Giovan Cheloyants, Vice-President of OAO Lukoil, and Andrey Kuzyaev,
President of Lukoil Overseas Holding Ltd, participated in the launching
ceremony of the Karachganak Gas Processing Plant for field condensate
treatment.
The connecting pipeline for transportation of liquid hydrocarbons
from Karachganak oil, gas and condensate field to Atyrau, where
the raw material enters the Caspian Pipeline Consrtium’s facilities,
was also put into operation.
Nursultan Nazarbaev, President of the Republic of Kazakhstan, took
part in the event as well.
OAO Lukoil has a 15 per cent shareholding in the Karachaganak project
through LUKOIL Overseas Holding Ltd.
Karachganak oil, gas and condensate field development is one of
the priority international projects for OAO Lukoil.
Geological reserves of the Karachganak field amount to 1,2 billion
tons of liquid hydrocarbons and 1,3 trillion cubic meters of natural
gas.
Posted by Richard Price,
Editor Pipeline Magazine
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