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  • Lukoil and Kazmunaygas conclude agreement on Caspian Project
    édité le 06/06/2018 - Plus de news de "LUKOIL" - Voir la fiche entreprise de "LUKOIL"


Lukoil and Kazmunaygas conclude agreement on Caspian Project
President of LUKOIL Vagit Alekperov and Chairman of the Management Board of the National Company KazMunayGas Sauat Mynbayev signed a Principles Agreement on Zhenis license area, in Astana today.

According to the agreement, the parties will establish a consortium upon completion of relevant procedures, required for the agreement to enter into force, and negotiate with a competent authority of the Republic of Kazakhstan to qualify for exploration and production at the block.

Zhenis area is located in the Kazakhstani sector of the Caspian Sea, at depths varying from 75 to 100 meters, close to fields with proven hydrocarbon reserves, 80 kilometers offshore and 180 kilometers away from the port of Aktau (Kazakhstan).

​The new Caspian project is an important milestone in terms of sprawling of the company's resource base in the strategically critical region, where the company has already gained significant competencies. ​

About LUKOIL

PJSC “LUKOIL” is one of the largest publicly traded, vertically integrated oil and gas companies in the world in terms of proved hydrocarbon reserves and production; and the second largest producer of crude oil in Russia. Established in 1991, the Company currently operates in more than 30 countries with core upstream assets located in Russia. The full production cycle includes oil and gas exploration, production and refining; production of petrochemicals and lubricants; power generation; marketing and distribution providing LUKOIL with maximum synergies from its activities. The Company’s shares are listed in Russia on Moscow Exchange under the ticker “LKOH” and depositary receipts are listed on the London Stock Exchange under the ticker “LKOD”.

About KazTransGas

KazTransGas JSC is the largest gas supply company in the Republic of Kazakhstan, representing the interests of the state on domestic gas market and worldwide. One shareholder is National Company KazMunaiGas JSC. KazTransGas operates natural gas transport via main gas pipelines, sales natural gas on domestic and foreign markets, develops, finances, constructs and maintains pipelines and gas storages.


Origine : Communiqué LUKOIL

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