06/11/2026
Hyundai Engineering of South Korea announced recently that it had received a Letter of Award involving the construction of the upcoming Karachaganak Gas Processing Plant in Kazakhstan from QazaqGaz, who took over operatorship of the project earlier this year.
The Karachaganak Gas Processing Plant project will be a significantly sized facility with a processing capacity of 5 billion cubic meters (bcm) of gas per year, an increase of 1 bcm over a prior concept for the project. Hyundai Engineering is expected to head up the project with a focus on engineering and procurement while SICIM of Italy is believed to be cooperating with construction focused tasks and local works.
Once completed, this processing plant will process raw gas from the Karachaganak oil and gas condensate field. This field is one of the largest in the world with reserves estimated to be 1.2 billion tons of oil and 1.35 trillion cubic meters of gas. The Energy Ministry of Kazakhstan has previously stated that the construction of a domestic gas processing facility at Karachaganak was a strategic priority for the country as it seeks to eventually reduce its reliance on Russia’s Orenburg plant, where most of the Karachaganak gas has been processed in recent years.
Full project coverage on GEI. Link in first comment.