Plans and Projects
SC "Condensate" is one of the leading companies in the oil and gas industry of the West Kazakhstan region of the Republic of Kazakhstan. The main activity of the enterprise is the processing of hydrocarbon raw materials, production and sale of high-quality motor fuels. Throughout the entire period of activity, the company has followed a strategy of dynamic and sustainable development in order to increase the volume of production and the depth of processing, the production of petroleum products that meet international standards (Euro-5) and improve the environmental situation in the region.
The company 's term plans are:
Construction of a gas chemical complex based on the raw materials of the Karachaganak oil and gas condensate field.
The concept of the gas chemical complex is based on the partial extraction of valuable raw materials from the total flow of stabilization and separation gases of Karachachaganak Petroleum Operating B.V. (KPO B.V.), which are currently pumped into the underground reservoir to maintain internal pressure, and are supplied to the Orenburg Gas Processing Plant for processing.
Within the framework of the Project, it is planned to extract the following components: ethane, propane, butane and isobutene, which are extremely in demand both on the domestic and international markets.
There are preliminary agreements on the participation of foreign investors in the project.
This project makes it possible to involve the resources of the Karachaganak field in the innovative development of the country on the basis of a competitive gas chemical complex with the creation of new jobs and an increase in tax deductions.
The decision on the allocation of raw materials for the project in the amount of 1 billion m3 of crude gas per year is under consideration by the Government of the country.