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Russian-Kazakh joint venture to process Kazakh gas
RBC, 11.07.2008, Moscow 11:41:10.The Federation Council has ratified a Russian-Kazakh intergovernmental agreement signed on October 3, 2006, which provides for cooperation in the creation of a joint venture between Gazprom and KazMunayGas. The new company is to be established on the basis of the Orenburg gas processing plant. The joint venture is expected to buy raw gas produced in Kazakhstan's Karachaganak gas condensate field, process it at the Orenburg plant, and sell it on the Kazakh market, as well as export it through Gazprom.
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