European Chemical Industry News & Insights

KMG and CNPC Enhance Cooperation

At a glance
  • Gas supply from Urikhtau to Zhanazhol starts Q4 2026 at 200 million m³/year.
  • Volume increases to 1 billion m³/year by December 2027.
  • Project documentation and gas well testing are ongoing.
  • Focus on mature fields using enhanced oil recovery technologies.

Meeting Overview

Askhat Khassenov, Chair of the Management Board of NC KazMunayGas JSC (KMG), met with Zhang Daowei, Vice President of China National Petroleum Corporation (CNPC), to discuss strategic initiatives.

Gas Supply Agreement

The discussions focused on gas supplies from the Urikhtau field to the Zhanazhol Gas Processing Plant in the Aktobe Region, operated by CNPC-Aktobemunaigas JSC. Raw gas supply is set to begin in Q4 2026 at a volume of up to 200 million m³ per year, increasing to approximately 1 billion m³ per year by December 2027.

Infrastructure and Testing

Work is ongoing to develop project documentation for the Urikhtau field infrastructure. Gas well testing is being conducted to analyze the gas composition and determine efficient processing methods.

Joint Ventures and Field Development

The parties reviewed current operations of joint ventures, with a focus on Mangistaumunaigas JSC’s fields. Special attention was given to the development of mature fields, including the extraction of hard-to-recover reserves using enhanced oil recovery technologies such as polymer flooding and the drilling of technologically complex wells.

Commitment to Collaboration

Khassenov and Daowei concluded the meeting by confirming their shared commitment to ongoing collaboration across all strategic initiatives to promote mutually beneficial cooperation.