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QazaqGaz

Full company profile

uuid00smrm4

Namestring
QazaqGaz
Legal namestring
АО «НК «QazaqGaz»
Websiteurl
qazaqgaz.kz
Company typeenum
Private
Founded yearint
2021
Descriptiontext

QazaqGaz is Kazakhstan's state-owned national gas company, wholly owned by the Samruk-Kazyna sovereign wealth fund and restructured from KazTransGas JSC in December 2021 by Government Resolution No. 982, which conferred national company status. It is the designated vehicle for representing Kazakhstan's interests in domestic and foreign gas markets and operates the integrated gas value chain spanning exploration and production, processing, transportation, distribution, and underground gas storage. The company is headquartered in Astana and employs more than 10,000 people across its operating subsidiaries.

The company's infrastructure footprint is substantial: 21,316.83 thousand km of total gas pipelines, 73,600 km of main transmission pipelines, 56 compressor stations, 248 gas distribution stations, 33,200 km of proprietary distribution networks, and 3 large underground gas storage facilities. It serves 2.6 million subscribers covering 12.7 million people under its national gasification program, including over 219,500 residential and 4,637 industrial subscribers in West Kazakhstan alone through subsidiary QazaqGaz Aimaq. Key subsidiaries include Intergas Central Asia (transmission), the Beineu-Shymkent and Asia Gas Pipeline systems (cross-border transit to China), QazaqGaz Exploration and Production, and GPCI (Kashagan gas processing plant investment vehicle).

QazaqGaz generates revenue primarily through government-regulated tariffs on gas transmission, distribution, and trading services to residential, industrial, and commercial consumers, supplemented by cross-border transit fees and gas processing services. Active capital projects include the 1 bcm Kashagan gas processing plant and the Eskene LPG terminal (both in the Atyrau region, expected operational by end-2026) and a 5 bcm Karachaganak gas processing plant awarded to Hyundai Engineering with SICIM as consortium partner. The company carries investment-grade credit ratings from Moody's (Baa2), Fitch (BB+), and S&P (BB+), all with stable outlooks, and is pursuing international partnerships (Global Gas Centre, AirProducts, CICC) for technology and capital diversification.

Short descriptiontext

QazaqGaz is Kazakhstan's state-owned national gas company operating the country's integrated gas value chain—production, processing, transportation, distribution, and storage—serving 2.6 million residential and industrial subscribers across 73,600 km of pipeline infrastructure.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersAstana, Kazakhstan
HQ citystring
Astana
HQ countrystring
Kazakhstan
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
natural gas transmission, gas distribution services, gas processing, pipeline infrastructure, natural gas utility
Industry5 codes
1Natural Gas Compressor Stations & Metering/Regulation Stations
CodeTLAGAKADPrimaryYes
2Natural Gas Compressor Station Operations & Services
CodeTLAGACADPrimaryNo
3Compressor & Gate Station Control (Remote Operations)
CodeEUAJAFAGPrimaryNo
4Service Line Maintenance & Repair (Customer Laterals)
CodeEUAJAMACPrimaryNo
5Natural Gas Retail Supplier (Competitive) Marketing & Sales
CodeEUAAADABPrimaryNo
NAICS code4 codes
  • Pipeline Transportation of Natural Gas48621
  • Natural Gas Distribution2212
  • Natural Gas Distribution22121
  • Natural Gas Distribution221210
SIC code4 codes
  • Natural Gas Transmisison & Distribution4923
  • Natural Gas Transmission4922
  • Natural Gas Distribution4924
  • Gas & Other Services Combined4932
Product category
Natural Gas Utility
Social media profiles3 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Natural Gas Trading
TypeSubscription Recurring
Description

Sale of commercial gas to residential and industrial consumers across Kazakhstan

qazaqgaz.kz
2Gas Transmission Services
TypeSubscription Recurring
Description

Transportation of natural gas through main pipeline infrastructure including transit operations for cross-border supply

qazaqgaz.kz
3Gas Processing Services
TypeProfessional Services
Description

Processing of raw gas at dedicated processing facilities such as the Kashagan gas processing plant

koreaherald.com
4Gas Distribution Services
TypeSubscription Recurring
Description

Distribution of natural gas to end consumers through extensive distribution network infrastructure

qazaqgaz.kz
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Pricing details1 tier
1Regulated gas transmission and distribution tariffs for all customer categories
ModelSubscriptionBilling cadenceAnnual
Notes

Tariffs are regulated by the Republic of Kazakhstan government for gas transmission and distribution services

qazaqgaz.kz
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1QazaqGaz Aimaq
Description

Gas distribution subsidiary serving residential and industrial consumers across Kazakhstan regions

qazaqgaz.kz
+2 more records
Core offering1 text field

QazaqGaz is Kazakhstan's national gas company that operates the full natural gas value chain including production, processing, transportation through more than 21,000 km of main pipelines, and distribution to 2.6 million residential subscribers and 4,637 industrial enterprises. The company owns and operates 248 gas distribution stations, 56 compressor stations, 33.2 thousand km of proprietary distribution networks, and 3 large underground gas storage facilities serving the domestic market and cross-border transit.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 12.7 million people covered by gasification (63.7 thousand km total gas pipeline length)
+3 more records
Product overview1 text field

QazaqGaz is Kazakhstan's national gas company operating as an integrated natural gas utility. The company's product portfolio encompasses gas transportation through the mainline pipeline network (including the Central Asia–Center and Beineu-Bozoi-Shymkent systems spanning over 21,300 km), gas distribution to 2.6 million residential and industrial consumers across 73,600 km of distribution networks, and gas processing at major facilities including the Kashagan and Karachaganak processing complexes. The company also operates 3 underground gas storage facilities, 248 gas distribution stations, and 56 compressor stations to ensure continuous and reliable gas supply. Recent major infrastructure projects include the construction of new gas processing plants with combined capacity of 6 billion cubic meters annually and an LPG terminal at Kashagan.

Product and service8 records
1Gas Transportation Services
2Gas Distribution Services
3Gas Processing
4Underground Gas Storage
5Compressed Natural Gas (CNG) Filling Stations
6Karachaganak Gas Processing Plant
7Kashagan Gas Processing Plant
8Eskene LPG Terminal
Scale indicator12 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-06-08
Description

Hyundai Engineering received a letter of award from QazaqGaz for a gas processing plant project at the Karachaganak Processing Complex. The project involves constructing a facility with capacity to handle 5 billion cubic meters of raw gas annually, located approximately 1,260 km northwest of Astana. Hyundai Engineering handles engineering and procurement as lead contractor.

Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-06-08
Description

Italian EPC firm SICIM participates as consortium partner in the Karachaganak gas processing plant project, with their local subsidiary providing construction services alongside Hyundai Engineering.

3TAPline (Asia Gas Pipeline, Beineu-Shymkent Gas Pipeline)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

QazaqGaz and TAPline discussed joint projects and financial stability matters. Representatives from Asia Gas Pipeline LLP and Beineu-Shymkent Gas Pipeline LLP participated in negotiations. Both parties emphasized long-term productive partnership and commitment to collaboration.

qazaqgaz.kz
Strategic tierCoreTypeStrategic or Co-development Partner
Description

QazaqGaz became the first gas company from Central Asia to join The Global Gas Centre, an international industry organization headquartered in Geneva. The partnership provides access to international professional community and global gas market development discussions including energy transition and sustainable development.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

QazaqGaz and AirProducts discussed potential partnership for developing gas processing capacities in Kazakhstan. AirProducts representatives expressed interest in joint projects as a long-term strategic investor. QazaqGaz indicated openness to dialogue as operator of new gas processing facilities.

6National Scientific Center for Seismology
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Cooperation agreement signed between QazaqGaz Scientific-Technical Center LLP and the National Scientific Center for Seismological Observations and Research LLP. The agreement focuses on information exchange, joint work on monitoring natural processes and emergency prevention.

qazaqgaz.kz
Strategic tierCoreTypeStrategic or Co-development Partner
Description

QazaqGaz works alongside KazMunayGas in Kazakhstan's 12th hydrocarbon licensing round, engaging with international operators including BP, Sinopec, CNOOC, CNPC, Eni, Chevron, and Shell through bilateral partnerships for exploration opportunities.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries14 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

QazaqGaz

Natural Gas Utilityqazaqgaz.kz

QazaqGaz is Kazakhstan's state-owned national gas company operating the country's integrated gas value chain—production, processing, transportation, distribution, and storage—serving 2.6 million residential and industrial subscribers across 73,600 km of pipeline infrastructure.

What QazaqGaz does

QazaqGaz is Kazakhstan's state-owned national gas company, wholly owned by the Samruk-Kazyna sovereign wealth fund and restructured from KazTransGas JSC in December 2021 by Government Resolution No. 982, which conferred national company status. It is the designated vehicle for representing Kazakhstan's interests in domestic and foreign gas markets and operates the integrated gas value chain spanning exploration and production, processing, transportation, distribution, and underground gas storage. The company is headquartered in Astana and employs more than 10,000 people across its operating subsidiaries.

The company's infrastructure footprint is substantial: 21,316.83 thousand km of total gas pipelines, 73,600 km of main transmission pipelines, 56 compressor stations, 248 gas distribution stations, 33,200 km of proprietary distribution networks, and 3 large underground gas storage facilities. It serves 2.6 million subscribers covering 12.7 million people under its national gasification program, including over 219,500 residential and 4,637 industrial subscribers in West Kazakhstan alone through subsidiary QazaqGaz Aimaq. Key subsidiaries include Intergas Central Asia (transmission), the Beineu-Shymkent and Asia Gas Pipeline systems (cross-border transit to China), QazaqGaz Exploration and Production, and GPCI (Kashagan gas processing plant investment vehicle).

QazaqGaz generates revenue primarily through government-regulated tariffs on gas transmission, distribution, and trading services to residential, industrial, and commercial consumers, supplemented by cross-border transit fees and gas processing services. Active capital projects include the 1 bcm Kashagan gas processing plant and the Eskene LPG terminal (both in the Atyrau region, expected operational by end-2026) and a 5 bcm Karachaganak gas processing plant awarded to Hyundai Engineering with SICIM as consortium partner. The company carries investment-grade credit ratings from Moody's (Baa2), Fitch (BB+), and S&P (BB+), all with stable outlooks, and is pursuing international partnerships (Global Gas Centre, AirProducts, CICC) for technology and capital diversification.

QazaqGaz firmographics

Firmographics
Name
QazaqGaz
Legal name
АО «НК «QazaqGaz»
Website
https://qazaqgaz.kz
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
QazaqGaz is Kazakhstan's state-owned national gas company operating the country's integrated gas value chain—production, processing, transportation, distribution, and storage—serving 2.6 million residential and industrial subscribers across 73,600 km of pipeline infrastructure.
Ownership category
akta.pro rank

QazaqGaz industry classification

Industry
Product category
Natural Gas Utility
NAICS
Pipeline Transportation of Natural Gas (48621), Natural Gas Distribution (2212), Natural Gas Distribution (22121), Natural Gas Distribution (221210)
SIC
Natural Gas Transmisison & Distribution (4923), Natural Gas Transmission (4922), Natural Gas Distribution (4924), Gas & Other Services Combined (4932)
akta.pro primary industry
Natural Gas Compressor Stations & Metering/Regulation Stations (TLAGAKAD)
akta.pro secondary industries
Natural Gas Compressor Station Operations & Services (TLAGACAD), Compressor & Gate Station Control (Remote Operations) (EUAJAFAG), Service Line Maintenance & Repair (Customer Laterals) (EUAJAMAC), Natural Gas Retail Supplier (Competitive) Marketing & Sales (EUAAADAB)

Keywords

  • Natural gas transmission
  • Gas distribution services
  • Gas processing
  • Pipeline infrastructure
  • Natural gas utility

Where QazaqGaz is headquartered

Location

Headquarters

HQ city
Astana
HQ country
Kazakhstan
HQ region
Asia

Offices1 record

Markets served

QazaqGaz business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D

Revenue model

  1. Natural Gas Trading: Sale of commercial gas to residential and industrial consumers across Kazakhstan
  2. Gas Transmission Services: Transportation of natural gas through main pipeline infrastructure including transit operations for cross-border supply
  3. Gas Processing Services: Processing of raw gas at dedicated processing facilities such as the Kashagan gas processing plant
  4. Gas Distribution Services: Distribution of natural gas to end consumers through extensive distribution network infrastructure

Pricing tiers

ModelBillingPrice
SubscriptionAnnualRegulated gas transmission and distribution tariffs for all customer categories

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

QazaqGaz product offering

Product offering

Core offering

QazaqGaz is Kazakhstan's national gas company that operates the full natural gas value chain including production, processing, transportation through more than 21,000 km of main pipelines, and distribution to 2.6 million residential subscribers and 4,637 industrial enterprises. The company owns and operates 248 gas distribution stations, 56 compressor stations, 33.2 thousand km of proprietary distribution networks, and 3 large underground gas storage facilities serving the domestic market and cross-border transit.

Product overview

QazaqGaz is Kazakhstan's national gas company operating as an integrated natural gas utility. The company's product portfolio encompasses gas transportation through the mainline pipeline network (including the Central Asia–Center and Beineu-Bozoi-Shymkent systems spanning over 21,300 km), gas distribution to 2.6 million residential and industrial consumers across 73,600 km of distribution networks, and gas processing at major facilities including the Kashagan and Karachaganak processing complexes. The company also operates 3 underground gas storage facilities, 248 gas distribution stations, and 56 compressor stations to ensure continuous and reliable gas supply. Recent major infrastructure projects include the construction of new gas processing plants with combined capacity of 6 billion cubic meters annually and an LPG terminal at Kashagan.

Differentiator

Problem solved

Functional benefit

Brands

  • QazaqGaz Aimaq: Gas distribution subsidiary serving residential and industrial consumers across Kazakhstan regions
  • QazaqGaz Exploration and Production (ҚазТрансГаз Өндіру)
  • QazaqGaz Scientific-Technical Center

Products and services

  • Gas Transportation Services
  • Gas Distribution Services
  • Gas Processing
  • Underground Gas Storage
  • Compressed Natural Gas (CNG) Filling Stations
  • Karachaganak Gas Processing Plant
  • Kashagan Gas Processing Plant
  • Eskene LPG Terminal

Quantifiable outcome

  • 12.7 million people covered by gasification (63.7 thousand km total gas pipeline length)
  • +3 more outcomes

Companies that use QazaqGaz

Customer profile

Named customers3 records

Segments4 records

Ideal customer profiles3 records

QazaqGaz technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

QazaqGaz partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • Hyundai EngineeringcoreImplementation/ SI/ Consulting Partner · 8 June 2026Hyundai Engineering received a letter of award from QazaqGaz for a gas processing plant project at the Karachaganak Processing Complex. The project involves constructing a facility with capacity to handle 5 billion cubic meters of raw gas annually, located approximately 1,260 km northwest of Astana. Hyundai Engineering handles engineering and procurement as lead contractor.
  • SICIMcoreImplementation/ SI/ Consulting Partner · 8 June 2026Italian EPC firm SICIM participates as consortium partner in the Karachaganak gas processing plant project, with their local subsidiary providing construction services alongside Hyundai Engineering.
  • TAPline (Asia Gas Pipeline, Beineu-Shymkent Gas Pipeline)coreStrategic or Co-development PartnerQazaqGaz and TAPline discussed joint projects and financial stability matters. Representatives from Asia Gas Pipeline LLP and Beineu-Shymkent Gas Pipeline LLP participated in negotiations. Both parties emphasized long-term productive partnership and commitment to collaboration.
  • Global Gas CentrecoreStrategic or Co-development PartnerQazaqGaz became the first gas company from Central Asia to join The Global Gas Centre, an international industry organization headquartered in Geneva. The partnership provides access to international professional community and global gas market development discussions including energy transition and sustainable development.
  • AirProductscoreStrategic or Co-development PartnerQazaqGaz and AirProducts discussed potential partnership for developing gas processing capacities in Kazakhstan. AirProducts representatives expressed interest in joint projects as a long-term strategic investor. QazaqGaz indicated openness to dialogue as operator of new gas processing facilities.
  • National Scientific Center for SeismologyminorStrategic or Co-development PartnerCooperation agreement signed between QazaqGaz Scientific-Technical Center LLP and the National Scientific Center for Seismological Observations and Research LLP. The agreement focuses on information exchange, joint work on monitoring natural processes and emergency prevention.
  • KazMunayGascoreStrategic or Co-development PartnerQazaqGaz works alongside KazMunayGas in Kazakhstan's 12th hydrocarbon licensing round, engaging with international operators including BP, Sinopec, CNOOC, CNPC, Eni, Chevron, and Shell through bilateral partnerships for exploration opportunities.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

QazaqGaz competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

QazaqGaz social profiles

Digital presence

QazaqGaz compliance and trust

Trust signal

Compliance3 records

QazaqGaz financial estimates

Financial estimate

Revenue estimate

Valuation estimate

QazaqGaz leadership team

Management profile

Number of profiles

Profiles6 records

QazaqGaz subsidiaries and ownership

Company hierarchy

Subsidiaries14 records

QazaqGaz funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

QazaqGaz M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QazaqGaz

What does QazaqGaz do?

QazaqGaz is Kazakhstan's national gas company that operates the full natural gas value chain including production, processing, transportation through more than 21,000 km of main pipelines, and distribution to 2.6 million residential subscribers and 4,637 industrial enterprises. The company owns and operates 248 gas distribution stations, 56 compressor stations, 33.2 thousand km of proprietary distribution networks, and 3 large underground gas storage facilities serving the domestic market and cross-border transit.

Is QazaqGaz a public or private company?

QazaqGaz is a private company. It is classified as state government owned and is currently operating.

When was QazaqGaz founded?

QazaqGaz was founded in 2021. It employs 5,001 to 10,000 people.

Where is QazaqGaz based?

QazaqGaz is headquartered in Astana, Kazakhstan, in the Asia region.

How does QazaqGaz make money?

Four revenue lines are on record. Natural Gas Trading is the primary driver. The others are gas Transmission Services, gas Processing Services and gas Distribution Services.

Does QazaqGaz have an API?

No public API is recorded for QazaqGaz.

What industry is QazaqGaz in?

QazaqGaz's product category is Natural Gas Utility. Its primary akta.pro industry code is TLAGAKAD, Natural Gas Compressor Stations & Metering/Regulation Stations, with a secondary code of TLAGACAD, Natural Gas Compressor Station Operations & Services. Its NAICS code is 48621 and its SIC code is 4923.

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Live signals
TrendQazaqGaz and Canada's Tenaz discuss co-op in exploration and productionQazaqGaz and Tenaz Energy discussed potential cooperation in hydrocarbon exploration and production at KIOGE 2026. The companies explored joint exploration opportunities in Kazakhstan and agreed to continue information exchange to identify further mutually beneficial areas.TrendQazaqGaz to launch exploration on three new areas in KazakhstanQazaqGaz plans to launch advanced geological exploration in three newly licensed areas in Kazakhstan by end of 2026, covering about 6,150 linear kilometers of 2D seismic surveys. The program includes 126,000 physical points for digital geochemical surveys, and the company is open to cooperation with investors.TrendQazaqGaz and ExxonMobil discuss expanding co-op in hydrocarbon explorationQazaqGaz and ExxonMobil discussed expanding cooperation in hydrocarbon exploration and production on the sidelines of KIOGE 2026 in Almaty. The meeting covered current cooperation, infrastructure development, and joint initiatives, with ExxonMobil holding stakes in Tengizchevroil, NCOC, and CPC.TrendQazaqGaz holds talks with Shell, Eni, and Solar Turbines on gas cooperationQazaqGaz held meetings with Shell, Eni, and Solar Turbines executives at KIOGE 2026 in Almaty on September 30 to discuss gas cooperation. The talks covered current collaboration, gas infrastructure development, and technological solutions to improve efficiency. The company expressed mutual interest in expanding expertise exchange.TrendQazaqGaz works on EPC terms for Karachaganak gas processing plantQazaqGaz is working on EPC terms for a gas processing plant at the Karachaganak field with an annual capacity of 5 bcm of raw gas, while FEED-stage documentation is being developed. The company was appointed operator in April 2026 and signed an implementation agreement with Hyundai Engineering and SICIM on September 15.TrendQazaqGaz joins UN-backed global methane emissions reduction initiativeQazaqGaz joined the UN-backed Oil and Gas Methane Partnership 2.0, signing a memorandum with UNEP. It also signed a cooperation agreement with Carbon Limits to monitor and reduce methane emissions at its facilities. The initiative includes over 140 companies, including Shell, BP, and KazMunayGas.TrendQazaqGaz issues $500M tranche of 2-year eurobonds at 5.5%QazaqGaz issued a $500 million tranche of 2-year eurobonds on September 29, 2026, at 5.5% coupon. The bonds, registered under ISIN KZQ000001593, mature September 29, 2028, and will trade on the Astana International Exchange from September 30, 2026.TrendQazaqGaz, KOR start drilling first exploration well at Shalqar fieldQazaqGaz and KOR Oil Company began drilling the first exploration well, R-1, at Kazakhstan's Shalqar field. The well, planned at 2,200 meters, is part of a joint project with equal 50% stakes, using carry financing to cover exploration costs. Drilling aims to clarify geological structure and assess oil and gas potential.TrendQazaqGaz concludes about $6M in offtake contracts with domestic producersQazaqGaz concluded offtake contracts worth over 3 billion tenge ($6.7 million) with domestic manufacturers this year, excluding VAT. Additional contracts exceeding 4 billion tenge ($9 million) are expected by year-end, bringing total purchases to over 7.9 billion tenge ($17.7 million). The company aims to increase domestic goods in procurement.InterfaxKazakhstan's QazaqGaz to spend $134 mln on first phase of exploration at 25 new blocksQazaqGaz will spend $134 million on the first phase of geological exploration at 25 new blocks, with field work expected in late autumn. The company estimates geological resources at about 450 billion cubic meters and plans to reach 1 billion cubic meters of annual production by 2030.