Kalamkas-Khazar Oil and Gas Development Project
One of 8,305 projects Taiyo tracks in Kazakhstan.
Source: Kursiv Media
Kalamkas-Khazar Operating LLP (KKO), a joint venture equally owned by Russia's Lukoil and Kazakhstan's KazMunayGas (KMG), is developing the Kalamkas-Sea and Khazar fields in Kazakhstan's sector of the Caspian Sea. The project is expected to begin production between 2028 and 2029, with peak output of about 4 million tons of oil annually. Reserves at the Kalamkas-Sea block are estimated at 81 millio
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Kazakhstan
- Updated
- 22 Jul 2026
- Source
- Kursiv Media
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Kalamkas-Khazar Operating LLP (KKO), a joint venture equally owned by Russia's Lukoil and Kazakhstan's KazMunayGas (KMG), is developing the Kalamkas-Sea and Khazar fields in Kazakhstan's sector of the Caspian Sea. The project is expected to begin production between 2028 and 2029, with peak output of about 4 million tons of oil annually. Reserves at the Kalamkas-Sea block are estimated at 81 million tons of oil and 22 billion cubic meters of gas. Total investment in the project is estimated at roughly $6.4 billion. |
Original sector | Oil and Gas |
Budget |
Location
Country | Kazakhstan |
Source
Source | Kursiv Media |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-11-16 |
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