Karachaganak Petroleum Operating B.V. (KPO) is the operating company for the Karachaganak oil and gas condensate field in the West Kazakhstan Region, one of the world’s largest gas-condensate accumulations. Established under a long-term production sharing agreement with the Republic of Kazakhstan, KPO manages field development, production, and processing on behalf of a consortium whose partners include Eni, Shell, Chevron, LUKOIL, and KazMunayGas.
KPO’s operations cover sour-gas handling, gas treatment and re-injection to maintain reservoir pressure, condensate stabilization, sulfur recovery, and the supply of sales gas, LPG, and stabilized condensate. Processed gas is delivered to domestic and cross-border markets, including via arrangements with the Orenburg Gas Processing Plant, while stabilized liquids are exported through regional pipeline and rail infrastructure. The Karachaganak Processing Complex near Aksai integrates high-H2S gas processing, compression, and sulfur management, making KPO a key upstream supplier of hydrocarbon feedstocks relevant to refining and petrochemical value chains in Kazakhstan and the wider region.
