KazMunayGas starts surveying five oil and gas blocks in western Kazakhstan

ALMATY. Jan 9 (Interfax) - KazMunayGas (KMG) has begun survey of five new promising blocks within the main oil and gas basins of Kazakhstan, the national oil and gas company said in a statement.

The five blocks are Mugodzhary in the Aktobe region, Berezovsky in the West Kazakhstan region and Zharkyn, Bolashak and Northern Ozen in the Mangistau region.

This project was included in the list of KMG's investment projects with capital expenditures totaling 29.5 billion tenge. KMG Barlau LLP has been selected as the project operator, according to the statement.

Exploration licenses have been obtained for all the five blocks and preparations are underway for field seismic surveys. Seismic surveys are to be carried out in 2023-2025 with subsequent processing of seismic data, geological and technical assessment given new data, the statement says.