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KazMunayGas building in Astana. Photo courtesy of astana.kz
KazMunayGas announces H1 2011 results

The Company accounts for 65% of overall oil transportation, 100% of gas transportation, 50% of tanker transportation in Kazakhstan. 100 per cent of the Company’s shares belong to the National Sovereign Wealth Fund Samruk-Kazyna.

KazMunayGas announces H1 2011 results
©RIA Novosti
Petrol price 17.4% up

Earlier Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.

Petrol price 17.4% up
O&G equipment. ©RIA Novosti
Pavlodar oil refinery reintroduced into operation following overhaul

A total of 2.1 million tons of crude were processed in the H1 2011, 300 000 tons down as compared to the like period of 2010: refinery Vice Director General Evgenyi Dvurekov.

Pavlodar oil refinery reintroduced into operation following overhaul
Photo courtesy of deswal.ru
President Nazarbayev mulls state-owned gold refinery

In terms of gold production we have set a goal to produce 70 tons a year. We will be the 2nd after Russia in the post-soviet space: Nazarbayev.

President Nazarbayev mulls state-owned gold refinery
REUTERS/Petr Josek Snr©
Kazakhstan considers a 3rd gold refinery

The project could be implemented either solely by the state or in partnership with private investors: Vice Prime Minister and Minister of Industry and New Technology Asset Issekeshev.

Kazakhstan considers a 3rd gold refinery
Pavlodar oil refinery. Photo courtesy of pnhz.kz
Pavlodar oil refinery to be suspended for repairs June 25

Pavlodar refinery is capable of producing 7.5 million tons of oil a year. The facility was constructed in 1978 and is currently owned by Refinary Company RT (KazMunaiGas subsidiary) (58%) and Samruk-Kazyna Sovereign Wealth Fund (42%).

Pavlodar oil refinery to be suspended for repairs June 25
Sauat Mynbayev. Photo courtesy of focus.kz
No further licensing of minor oil refineries: Minister of Oil and Gas Sauat Mynbayev

According to the Minister, there are a total of 35 oil refineries: 3 large-scaled ones and 32 minor facilities.

No further licensing of minor oil refineries: Minister of Oil and Gas Sauat Mynbayev
Fuel shortages in Kazakhstan to be resolved by 2015
Fuel shortages in Kazakhstan to be resolved by 2015

The problem of fuel deficiency in Kazakhstan will be solved after implementation of the Complex plan of oil refineries development in 2009-2015.

Fuel shortages in Kazakhstan to be resolved by 2015
Pavlodar oil refinery. Photo courtesy of pnhz.kz
Pavlodar oil refinery to be suspended for repairs this summer

Kazakhstan-based three oil refineries process a bit over 13 million tons a year. Plans are there to increase oil processing up to 17 million tons by 2015.

Pavlodar oil refinery to be suspended for repairs this summer