Overview

Zhaikmunai is an independent oil and gas enterprise currently engaging in the exploration, production and sale of crude oil and gas condensate in northwestern Kazakhstan. Zhaikmunai’s field and licence area is the Chinarevskoye Field located in the northern part of the oil-rich Pre-Caspian Basin.

The Chinarevskoye Field, approximately 324 square kilometres in size, is located in the province of Batys Kazakhstan, near the border between Kazakhstan and the Russian Federation, and close to several major pipelines. The west Kazakhstan administrative centre of Uralsk (or Oral, in Kazakh) is approximately 80 kilometres southwest of Chinarevskoye Field.

Zhaikmunai is constructing an oil pipeline from the Chinarevskoye Field to the rail connection near Uralsk, along with a new receiving oil loading terminal at the connection, which will allow Zhaikmunai to deliver its oil directly to the loading terminal. The construction of a gas treatment facility with three gas treatment units has been commissioned for full utilisation of the associated gas produced by Zhaikmunai, which is essential for its continued crude oil production, and the treatment of gas condensate to produce dry gas for sale from 2010.