Hyundai Engineering Wins Contract For Major Gas Project In Kazakhstan
Photo: kmg.kz
South Korea’s Hyundai Engineering has been selected as a contractor for the construction of a gas processing plant at Karachaganak, one of Kazakhstan’s largest oil and gas condensate fields, Orda.kz reports.
The future plant is expected to process up to 5 billion cubic meters of raw gas per year.
Hyundai Engineering announced the project on its Facebook page, saying it had received a letter of award for the contract to build the Karachaganak gas processing plant.
The project includes the construction of a gas processing complex and related infrastructure at the Karachaganak site. Once launched, the facility will be able to process up to 5 billion cubic meters of gas annually.
The company said the project would strengthen its position in Central Asia. Kazakhstan will become the third country in the region, after Uzbekistan and Turkmenistan, where Hyundai Engineering is carrying out a major gas industry project.
This contract confirms Hyundai Engineering’s experience and expertise in gas processing and strengthens the company’s presence in key Central Asian markets,the company said.
Karachaganak is considered one of Kazakhstan’s largest oil and gas condensate fields. The construction of the new gas processing plant is expected to increase raw gas processing volumes and provide additional supplies of commercial gas to the domestic market.
Original author: Alexander Zhdanov
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