Croatian Janaf Invests €44M in Kazakhstan Carbonate Exploration

Croatian pipeline operator Janaf acquires a stake in Geoenergija to fund carbonate research and exploitation in Kazakhstan's Shygys field, alongside the Agency for Carbonates. This marks Janaf's entry into Central Asian energy resources, diversifying beyond its core pipeline business. The investment signals growing Western corporate interest in Kazakhstan's extractive sector, though project timelines and reserve estimates remain undisclosed.