Karachaganak
Project information
As at 31 December 2025
Description
As at 31 December 2025
18% nonoperated working interest in the Karachaganak field in northwest Kazakhstan, operated under a PSA expiring in 2038. In 2025, the Karachaganak Expansion Project Stage 1A facility scope was fully completed; Stage 1B is expected to complete in H2 2026 — both designed to increase gas re-injection capacity and extend stable field production; proved reserves recognized for both. Majority of exported liquids move via the CPC pipeline. Kazakhstan consolidated net production (2025): 28 MBD crude, 106 MMcf/d gas.
Oil & Gas metrics
As at 31 December 2025
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