Kazakhstan aims to increase the number of local specialists in senior roles at the company operating the Karachaganak field. This field is one of the world’s largest oil and gas condensate sites, located in the country’s northwest.
KazMunayGas (KMG) CEO Askhat Khassenov and Luca Vignati, Eni SpA’s upstream director, discussed this objective at the Kazenergy Eurasian Forum in Astana, KMG reported.
Furthermore, plans to increase the share of Kazakh managers at Karachaganak Petroleum Operating B.V. (KPO) will be outlined in the company’s nationalization strategy for 2026-2030.
Notably, in late June, negotiations with project shareholders Eni and Shell over their potential involvement in the Karachaganak gas processing plant had concluded after the companies proposed terms that Kazakhstan’s Ministry of Energy deemed unacceptable.
KPO oversees the development of the Karachaganak field. Its shareholders are Eni and Shell (each with 29.25%), Chevron (18%), Lukoil (13.5%) and KMG (10%). In 2024, the field produced about 10 million tons of oil and 20 billion cubic meters of gas.
