ASTANA, Kazakhstan, September 11. Chairman of the Board of QazaqGaz, Alibek Zhamauov, held a meeting with Managing Director of North Caspian Operating Company (NCOC) Giancarlo Ruiu, during which the parties confirmed their readiness to deepen strategic cooperation and emphasized the importance of joint projects for the country, Trend reports via QazaqGaz.
During the meeting, key initiatives being implemented jointly by the companies were discussed:
Construction of a gas processing plant at the Kashagan field with a capacity of 1 billion cubic meters per year;
The project of a second gas processing plant with a capacity of 2.5 billion cubic meters per year;
Commercialization of liquefied petroleum gas.
In alignment with the directives from the national corporation's
executive team, cross-functional teams engage in daily synergies,
facilitating the sustained momentum of project execution.
The stakeholders articulated their commitment to sustaining
synergistic collaboration that will facilitate the effective
execution of all initiatives and uphold the strategic significance
of the alliance.
North Caspian Operating Company (NCOC) is the operator of the North Caspian Sea Production Sharing Agreement (NCSPSA), headquartered in Atyrau, Kazakhstan. Established in 2009, NCOC oversees the development and production of the Kashagan oil field, one of the world's largest offshore oil fields, and other fields in the region. The company is a consortium comprising seven major international energy companies: KazMunayGas, Eni, Shell, ExxonMobil, TotalEnergies, China National Petroleum Corporation (CNPC), and INPEX.
