The Gazprom executive board has approved setting up a Russian-Kazakh joint venture at the Karachganak gas condensate field, Gazprom said in a press release.
The board said it was feasible to set up on equal terms a joint venture between Gazprom and KazMunaiGaz at the Orenburg gas processing plant. A decision has been made to make a long-term gas contract for the Karachaganak field for processing at the Orenburg gas processing plant.
The Gazprom board of directors will discuss setting up the jo...

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