Jupiter Energy is an oil exploration and production company operating in Kazakhstan, with three licenced oil fields producing approximately 640 barrels per day from four wells, with plans to increase to approximately 1,000 barrels per day by the end of 2024.
The Vested report also cited Kazakhstan’s supportive regulatory environment with policies and programs aimed at strengthening its energy sector, by facilitating the increase of production capacity, attracting new investments and supporting industry growth.
“Jupiter Energy’s operations benefit from these favourable policies, the most recent being the support offered to the company by the Kazakh Ministry of Energy in addressing its gas utilisation requirements. These initiatives have provided access to essential resources and infrastructure, enhancing the company’s operational stability and capacity for growth,” the report said.
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