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Gazprom and KazMunayGas ink Roadmap to create gas processing JV

Background

The 7th St. Petersburg International Gas Forum is being held as part of the Energy Efficiency and Energy Development International Forum 'Russian Energy Week.'

KazMunayGas National Company is a Kazakhstani operator for exploration, production, processing and transportation of hydrocarbons, representing the government in the domestic oil and gas sector.

Since 2002, Gazprom and KazMunayGas have successfully collaborated within the KazRosGas joint venture established on a parity basis with the purpose of buying gas from the Karachaganak field, processing it at the Orenburg gas processing plant and selling it to consumers in Kazakhstan and Russia.