Upgrade of Kazakh Gas Processing Plant LLP
In view of publications in the media regarding the upgrade of the Kazakh Gas Processing Plant LLP (hereinafter as KazGPP) in Zhanaozen, NC KazMunayGas JSC (hereinafter as KMG) reports the following:
The issue of upgrade of KazGPP is under discussion. Currently, KMG is determining the ways and approaches for the implementation of the upgrade of the specified plant, as well as the funding that is required.
Therefore, information about the allocation of 107.2 billion tenge for the upgrade of the KazGPP for 2019-2022 is unverified and unreliable.
Detailed information on the upgrade of the KazGPP will be announced later.