Message
Zhaik Petroleum Gas Chemical Complex
Value
PROJECT ID
3032026
SECTOR
Chemicals & Petrochemicals, Oil & Gas
PROJECT PHASE
Procurement & Construction
LOCATION
West Kazakhstan Region, Kazakhstan
START DATE
10/16/2025
END DATE
12/31/2027
INVESTMENT VALUE
$ 140 M
Active
Verified
Updated: 2 Days ago
Publication: May 8, 2026
Project Description
The Zhaik Petroleum Gas Chemical Complex is an industrial project focused on the production of methanol from natural gas in Western Kazakhstan. The plant is designed with an annual production capacity of approximately 130,000 tons of methanol, positioning it as the first large-sc... Read more
Involved Companies & Contacts
Involved Companies & Contacts
Company:
1. party1CompanyNameText
Role:
2. party1RoleRepeater
Address:
3. party1CompanyAddressText
Phone:
4. party1CompanyPhoneText
Email:
5. party1CompanyEmailText
Other links:
7. party1CompanyWebsiteText
Website:
6. party1CompanyWebsiteText
Key Contacts 1
Name:
party1Contact1NameText
Position:
party1Contact1PositionText
Phone:
party1Contact1PhoneText
Email:
party1Contact1EmailText
Links:
party1Contact1LinkText
Key Contacts 2
Name:
party1Contact2NameText
Position:
party1Contact2PositionText
Phone:
party1Contact2PhoneText
Email:
party1Contact2EmailText
Links:
party1Contact2LinkText
PARTY 1 - Involved Companies & Contacts
Field | Value |
|---|---|
Company | ░░░░░░░░░░░░░░░░░ |
Role | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Address | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Phone | ░░░░░░░░░░░░░░░░ |
Email | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Website | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Other Links | NA |
companyTable
Field | Value |
|---|---|
Name | ░░░░░░░░░░░░░░░░░░░░░░░░ |
Position | ░░░░░░░░░░░░░░ |
Phone | NA |
Email | NA |
Links | NA |
contact1Table
contact2Table
Field | Value |
|---|---|
Name | NA |
Position | NA |
Phone | NA |
Email | NA |
Links | NA |
PARTY 2 - Involved Companies & Contacts
Field | Value |
|---|---|
Company | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Role | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Address | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Phone | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Email | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Website | ░░░░░░░░░░░░░░░░░░░░░░ |
Other Links | ░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
companyTable
Field | Value |
|---|---|
Name | ░░░░░░░░░░░░░░░░░░░░░░░░░░░ |
Position | ░░░░░░ |
Phone | NA |
Email | NA |
Links | NA |
contact1Table
contact2Table
Field | Value |
|---|---|
Name | NA |
Position | NA |
Phone | NA |
Email | NA |
Links | NA |
Company:
Value
Role:
Value
Address:
Value
Phone:
Value
Email:
Value
Website:
Value
Other links:
Value
Key Contacts
Name:
Value
Position:
Value
Phone:
Value
Value
Links:
Value
Phone:
Value
Value
Email:
Position:
Value
Name:
Value
Links:
Value
Email:
Company:
VALUE
Phone:
Value
Email:
Value
Address:
Value
Role:
Value
Website:
Value
Other links:
Value
Phone:
Value
Value
Email:
Name:
Value
Position:
Value
Links:
Value
Key Contacts
Phone:
Value
Email:
Value
Links:
Value
Name:
Value
Position:
Value
Company:
VALUE
Email:
Value
Phone:
Value
Address:
Value
Other links:
Value
Role:
Value
Website:
Value
Phone:
Value
Email:
Value
Name:
Value
Position:
Value
Links:
Value
Key Contacts
Phone:
Value
Email:
Value
Name:
Value
Position:
Value
Links:
Value
Company:
VALUE
Phone:
Value
Email:
Value
Address:
Value
Website:
Value
Role:
Value
Other links:
Value
Value
Phone:
Email:
Value
Name:
Value
Position:
Value
Links:
Value
Key Contacts
Phone:
Value
Email:
Value
Name:
Value
Position:
Value
Links:
Value
Other important details
The primary investor and project owner is Zhaik Petroleum LTD, supported by co-investment and financing participation from the Baiterek Venture Fund (a subsidiary of Qazaqstan Investment Corporation). The project also includes a technology partnership with XINJIANG SANBAO Industry Group Co., Ltd., and infrastructure support from regional authorities to facilitate construction and future operations.
The project to build a gas chemical complex for methanol production in the West Kazakhstan region has been underway for approximately three years. In December 2022, it was reported that Zhaik Petroleum LTD had signed an EPC contract for the construction of this facility with two Chinese companies: CITIC Construction Co. Ltd. (part of the CITIC Group holding company) and China Huanqiu Contracting & Engineering Co., Ltd. (part of CNPC).
The project was delayed primarily because of infrastructure preparation issues, particularly the slow provision and funding of a railway connection to the construction site at Beles village, which the investor repeatedly flagged and which had to be prioritized by regional authorities before full construction could proceed.