Future Development

The next development phase at Kazneft Petroleum oil fields will be an important project in terms of what it will bring to both the West Kazakhstan Oblast and the Republic of Kazakhstan. Building on advance production and injection technologies already used at Karachaganak and other oil fields, it will enhance hydrocarbon recovery to increase production and consequent benefit for the Republic.

The partners are also committed to a strategy of sustainable development. Beyond production revenues, the project will also deliver significant socio-economic benefits, including employment opportunities, enhanced local capacity, skills transfer and associated infrastructure development. There is an opportunity for this phase of investment to enable a significant increase in the competitive industrial capacity of Kazakhstan.

Kazneft Petroleum’s driver is to fulfil its obligation under the FPSA it has with the Republic of Kazakhstan to continue the development of the different operational oil fields. In 2013 we continued examining a series of short-term development opportunities to enhance production between the current stage of the field development and future phases.

In particular, the following projects that were further developed includes:

• KPC Gas Debottlenecking Project (KGDBN) - The Project is designed to manage the increased volumes of gas produced from the field as the gas oil ratio (GOR) increases over time.
• Unit 2 Gas Injection Upgrade - Its aim is to upgrade the existing Unit 2 Gas Injection infrastructure to optimize the gas reinjection system of the oil field by reducing downtime and increasing availability, reliability, flexibility, and gas reinjection capacity.
• Unit 3 Future Development (U3 FD) - It is been set up in order to develop a strategy for the replacement or refurbishment of the existing plant in order to meet current international standards of safety and asset integrity, whilst still maintaining production.