POTENTIAL OIL LLP (a JV with SINOPEC)
Potential Oil LLP was incorporated on 4 April 2001 (Registration #651). The company has been awarded a 30-year contract for hydrocarbon exploration, extraction and production sharing in the Begaydar area in the Atyrau Region (Kazakhstan). The contract was concluded between Kazakhstan’s Ministry of Energy and Mineral Resources and Potential Oil LLP on 4 April 2001.
In terms of administrative-territorial division, the Janatalal-East Wing Field is located within the boundaries of the Isataysky District of the Atyrau Region (Kazakhstan), 100 kilometres westward of Utyrau, in-between the Ural River and the Volga River.
Potential Oil LLP is a joint venture company owned by IPC (80%) and FIOC (SINOPEC) (20%).
Address: 100-V Vladimirovskogo Str., Atyrau 060009, Kazakhstan
Acting Director General: Maksim Semenyuk