Kazakh firm to build $860 M Kashagan gas processing plant

Kazakh firm GPC Invest will build a $860 million gas processing plant near the Central Asian nation’s biggest oilfield, Kashagan, the Kazakh government said.

The cabinet has previously said it was discussing the project with a group of global energy companies developing Kashagan which includes Eni, Total, Shell , Exxon Mobil, CNPC and Inpex.

But on Thursday Prime Minister Askar Mamin’s office said the plant would be built by a hitherto unknown local firm. The plant will produce 1 billion cubic metres of gas per year using feedstock from Kashagan, it said in a statement. (Reporting by Olzhas Auyezov; editing by David Evans)