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$3.2 bln Karachaganak Gas Processing Plant (KGP)

Updated: Mar 25

Karachaganak Gas Processing Plant (KGP)

Project Description:The Karachaganak Gas Processing Plant (KGP) is a large-scale project aimed at processing 4.5 billion cubic meters of gas annually from the Karachaganak oil and gas condensate field. The project is designed to maximize gas monetization and increase liquid production post-2028.

Current Status:

Engineering and technical preparations are underway, led by Hyundai Engineering Co. and Sicim.

Start Date: March 4, 2025

End Date: Expected by 2029

Investment Volume: Estimated at $3.2 billion

Location: West Kazakhstan Region, near the Karachaganak Processing Complex (KPC)

Customer:

Karachaganak Petroleum Operating B.V. (KPO), owned by:

Engineering Contractor: Hyundai Engineering Co. & Sicim

Company Details

Karachaganak Petroleum Operating B.V. (KPO)

  • Website: www.kpo.kz

  • Address: 4th Floor, Business Center "Almaty Towers", 280 Baizakov Street, Almaty, Kazakhstan

  • Phone:

    • +7 (727) 244-02-44 (General Inquiries)

    • +7 71133 62192 (Vendor Assessment, CIS)

    • +44 203 7695 144 (Vendor Assessment, International)

  • Email:

  • LinkedIn: KPO LinkedIn Page

SICIM S.p.A. - Kazakhstan Branch

  • Website: www.sicim.eu

  • Address: Industrial Base 12, Karabatan Station, Industrial Area, 060011 - Atyrau, Kazakhstan

  • Email: Contact Form

Hyundai Engineering Co.

  • Website: www.hec.co.kr

  • Address: 75 Yulgok-ro, Jongno-gu, Seoul, 03058, Republic of Korea

  • Phone: 02-2134-1114

Key People

Karachaganak Petroleum Operating B.V. (KPO)

SICIM S.p.A.

Engineering Contractor: Hyundai Engineering Co. & Sicim

Other Details

  • The Karachaganak field, discovered in 1979, is one of the world's largest oil and gas condensate fields, covering over 280 square kilometers.

  • The field contains 1.2 billion tons of oil and gas condensate and 1.35 trillion cubic meters of natural gas.

  • The KGP project supports Kazakhstan’s initiative to process more gas domestically, reducing raw material exports.

  • Eco-friendly processing technologies will reduce gas flaring and minimize environmental impact.

  • The construction will generate thousands of jobs, boosting the regional economy in West Kazakhstan.

Sources:



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