Kazakhstan, Shell Discuss Upstream Cooperation, Key Oil And Gas Projects

2026-05-30 07:07:04

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, May 30. First Deputy Prime Minister of Kazakhstan Nurlybek Nalibayev and Shell Senior Vice President and Chair of Shell Kazakhstan Suzanne Coogan discussed the further development of cooperation in the oil and gas sector, Trend reports via the press service of the Kazakh government.

The parties reviewed progress in bilateral cooperation and the implementation of previously reached agreements. Particular attention was given to the contract signed in March between Kazakhstan's Ministry of Energy and Shell for geological exploration at the Zhanaturmys block in the Aktobe region.

Nalibayev highlighted ongoing efforts to expand geological exploration activities in Kazakhstan and emphasized the strategic significance of the Zhanaturmys project, which is being implemented under an improved model contract framework.

The discussions also covered the implementation of strategic projects at the Karachaganak and Kashagan fields, which occupy a central position in Kazakhstan's energy sector. The parties underscored the importance of maintaining stable production levels and ensuring the continued development of these projects.

The Zhanaturmys block, covering an area of 1,377 square kilometers, is located in one of Kazakhstan's most promising oil and gas basins and represents significant potential for further expansion of geological exploration activities in the country.

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