Kazakhstan is to construct its fourth oil refinery in cooperation with Iran and China.
Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.
Excess hydrogen sulfide emissions in Atyrau in western Kazakhstan cause headaches and suffocation among residents.
Deputy Akim of Kazakhstan's Mangistau Oblast declared that the fourth oil refinery in Kazakhstan would be built in cooperation with Iran.
The process of modernizing Kazakh oil refineries may have to be delayed, putting additional pressure on the domestic fuel market of Kazakhstan.
According to him, oil refineries have been facing excessive gasoline in stock, with oil companies [in line with applicable legislation] still supplying a set volume to local refineries to be processed.
As a rule, prices for gold grow amidst growing demand (…) the latter is normally driven by volatility of major currencies. Currently, the keen interest to gold is assigned to the weakening Euro. Gold is seen as a stable harbor: Minister for Investments.
To my best knowledge, he hasn’t been buying or selling anything in the last three years”, the Minister told journalists on the sidelines of the sitting in the country’s Majilis (lower chamber).
Back in the autumn 2014 the country’s Energy Ministry announced that a decision had been taken to build up the processing capabilities of the Shymkent-based oil refinery rather than have a 4th refinery constructed.
Not to slow down the production rates at the start of next year and to keep all the indicators in line with plans, the overhaul has been postponed from this year’s autumn to the spring of 2015: South Kazakhstan oblast governor.
Additional money will be allocated to modernize the Shymkent Oil Refinery on southern Kazakhstan. This will help increase the production capacity of the refinery and make it more environmentally friendly.
KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.
The People's Communist Party has tagged the decision to abandon construction of the 4th oil refinery in Kazakhstan ill judged and said problems had to be solved by the government not shifted to the shoulders of the citizens.
Back September 16 First Vice Energy Minister told a briefing that petrol production at the three Kazakhstan-based oil refineries in September is estimated at 250 000 tons, with the current monthly demand for petrol standing at 280 000 tons.
A sugar factory with a capacity of 100 thousand tons per season will be built in Almaty Oblast.
A delegation from Tatarstan has visited Astana to discuss cooperation in various fields, including oil industry.
Kazakhstan has only three oil refineries, which are not only few but also outdated.
A fire occurred at an oil refinery in Aktobe Oblast on July 16.
In the second half of 2016 the three oil refineries they will be able to fully meet the domestic demand: Sauat Mynbayev.
Given the domestic prices for fuel the Russian supplies are set to decrease: Sauat Mynbayev.
- Central Asia
- Mangistau Oblast
- National Bank
- South Kazakhstan oblast
- Almaty oblast
- Customs Union