CN Asia enters framework agreement relating to a proposed LPG production in Kazakhstan

KUALA LUMPUR: CN Asia Corporation Bhd had entered into a framework agreement with Markmore Energy (Labuan) Ltd And Caspioil Gas Llp (COG) after negotiating for further terms and conditions in relation to a project at the Rakushechnoye Oil and Gas Field in Kazakhstan.

It said the framework was in relation to the drilling, extraction, processing and production of natural gas extracted from the field and the establishment of the central processing complex (CPC) in Ak Kum, Mangistau Province, Kazakhstan to process natural gas into liquefied petroleum gas (LPG) and condensate.