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Buzachi

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Buzachi 

a peninsula in the northeastern Caspian Sea, in Gur’ev Oblast, Kazakh SSR. The highest elevation is 61 m. In the south the surface is hilly and covered in places with barchans and hummocky sands. In the north there are large expanses of solonchaks. The mountains of the Mangyshlak Peninsula adjoin Buzachi in the south. The area of the peninsula has increased considerably during the last 20 years because of the lowering of the level of the Caspian.



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The blocks have a total area of 51,500 sq km and are located structurally along strike from Kazakhstan's Zheybai, Uzen and Kalamkas fields in Buzachi and Mangyshlak regions (see survey of Kazakhstan in this volume's Nos.
Later CAP secured funds by bringing in other foreign interests and resumed spending on MMG fields and on another venture having the Kalamkas field on the Buzachi Peninsula.
3% stake in Nelson Resources which produces and exports Aktobe and Buzachi crude oils in western Kazakhstan.
 
 
 
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