Following overhauls, Kazakhstan-based oil refineries to meet domestic demand for petrol before 2030
20 august 2012, 13:52
Atyrau refinery. Photo courtesy of kmg.kz
Overhaul of the current three Kazakhstan-based oil refineries will enable to meet the domestic demand for petrol before 2030, KazTag Agency reports, citing KazMunaiGas (KMG) Chairman of Board of Directors Daniyar Tiyessov.
He reminded that the overhaul of the three oil refineries [based in Pavlodar, Shymkent and Atyrau] will be completed by early 2016.
In particular, following the overhaul, the Atyrau-based oil refinery is to bring up petrol production from the current 600 000 tons to 1.74 million tons a year. The facility is capable of processing 5 million tons of crude a year.
Tengrinews.kz reported August 9 that Atyrau refinery had signed a $297.5 million loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for construction of an advanced oil processing center. On June 6, 2012 the Atyrau refinery signed a loan agreement with Chinese Export-Import Bank on a loan of over $1 billion.
Pavlodar-based oil refinery’s projected processing capacity stands at 7.5 million tons of crude a year. The facility produces petrol, diesel fuel, jet fuel, fuel-oil residue.
Shymkent-based oil refinery is capable of handling up to 6 million tons of crude a year. The facility accounts for 35% of all the petroleum products in Kazakhstan. Built in 1985, it is the newest refinery in Kazakhstan.
According to the State Agency for Statistics, motor fuel production in Kazakhstan in the H1 2012 totaled 1.492 million tons (17% up against the same period of 2011), with no further details on petrol production.
Late October 2011 Ms. Sholpan Khaidargaliyeva, Director for Petrochemistry Department of the country’s Oil and Gas Ministry, said that Kazakhstan-based three refineries [in Pavlodar, Atyrau and Shymkent] process a total of 13-14 million tons of oil a year. Following the planned overhaul of the three facilities, the overall volume of processed crude will stand at over 17 million tons.
Late July 2012 Tengrinews.kz reported that investment companies of China, Slovenia and Kazakhstan plan to jointly construct an oil refinery in the north of Kazakhstan. The project will be implemented within the state-run program of oil refineries development in 2009-2015. The facility is to be constructed in the town of Bulayevo. At the initial stage the facility will be capable of handling up to 5 million tons of oil a year. The investments are estimated at $2 billion. In future, the processing capacities can be brought up to 10 million tons a year.