AKSAI, West Kazakhstan Oblast, June 23, 2026 - During his working visit to the region, Nurlybek Nalibayev, First Deputy Prime Minister of the Republic of Kazakhstan, visited the Karachaganak oil and gas condensate field - one of the country’s largest strategic fields. The project is operated by Karachaganak Petroleum Operating B.V. (KPO), which implements it as part of an international consortium.

The visit included a meeting with the company management to review current production performance and discuss project growth prospects. 

The delegation reviewed operations at the field’s key production facilities, as well as the progress of ongoing investment projects, including the KEP-1B initiative aimed at further capacity expansion. 

Marco Marsili, KPO General Director, presented an overview of the company’s operations, emphasizing that implementation of recent projects has demonstrated the consortium’s capability to efficiently execute highly complex tasks.       

Special attention during the meeting was given to the company’s contribution to the sustainable development of the region.

“KPO conducts its operations based on the principles of social responsibility, transparency, and environmental care. Since the start of its operations, KPO has invested $ 467 million in environmental projects. We actively support the “Taza Kazakhstan” initiative launched by the Head of State, with a particular focus on reducing methane emissions and preserving biodiversity. Specifically, greening and landscaping efforts have been carried out across an area of 800 hectares.    

KPO remains strongly committed to investing in the development of the region's social infrastructure. Between 1998 and the end of 2025, company funding totalling 901.98 million USD enabled the construction and commissioning of 268 social and infrastructure facilities. We strive to deliver maximum value to the Republic of Kazakhstan by driving its economic growth and fostering conditions for the sustainable development and prosperity of the local community,” noted Marco Marsili. 

He also emphasized that the company maintains steady production growth and is funding the further expansion of the field’s production capacity.   

For his part, Nurlybek Nalibayev highlighted the strategic importance of the oil and gas sector to the country’s economy. He further acknowledged the company's performance and wished the KPO team continued success in developing the Karachaganak field.      

Notes to Media:

Karachaganak Petroleum Operating B.V. (KPO) is a joint venture between Eni SpA (29.25%), Shell plc, (29.25%), Chevron (18%), Lukoil (13.5%) and KazMunayGas (10%).

KPO oversees the expansion and development of the Karachaganak field – one of the world’s largest gas and condensate fields

KPO Public and Media Relations Department