KazMunayGas withdraws from the Isatai project and returns the site to the government. According to the financial report for 2022, the national company recognized an impairment loss on exploration and evaluation assets for the Isatai project in the amount of 3.2 billion tenge. In this regard, it was decided, together with the partner company Isatai Operating Company, to withdraw from the project and return the contract area to the government.
ENI acquired 50% of the mining rights in the Isatai field.
It was expected that by 2025 the total investment in the Isatai, Abay, Zhenis, Kalamkas-Sea and Khazar projects would be more than $5 billion.