Hyundai to design largest gas plant at Karachaganak field
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South Korea's Hyundai has been selected to design a major gas processing plant at the Karachaganak field in western Kazakhstan. The facility, expected to be the largest of its kind in the country, aims to boost processing capacity and reduce flaring.
Project Scope
Hyundai Engineering Co., a subsidiary of Hyundai Motor Group, will handle the front-end engineering and design (FEED) for the gas processing plant at Karachaganak, one of the world's largest gas condensate fields. The facility is projected to process up to 4 billion cubic meters of gas per year, according to project operator KPO (Karachaganak Petroleum Operating B.V.). The design phase is expected to take 18 months.
Strategic Importance
The new plant is part of Kazakhstan's broader strategy to monetize associated gas and reduce environmental impact. Currently, Karachaganak flares a significant portion of its gas due to limited processing capacity. The project aligns with the government's goal to cut flaring by 50% by 2030, as stated by the Ministry of Energy.
What's Next
KPO and Hyundai are to finalize the FEED contract in the coming months. It remains unclear when construction will begin or what the total investment will be.
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Hyundai to design largest gas plant at Karachaganak field
