• $ 1.7
  • € 2.0154
  • ₽ 0.02043
  • ₺ 0.0412
  • £ 2.3192

Kazakhstan plans to begin construction of new oil refinery in 2032

Kazakhstan plans to begin construction of new oil refinery in 2032
25.11.2024 11:30
Kazakhstan plans to begin construction of a new, fourth oil refinery in 2032, Energy Minister Almassadam Satkaliev said while presenting a report during a government hour in the Mazhilis.

"Due to the expected shortage of light petroleum products in 2036, it is necessary to begin designing a new oil refinery with a capacity of 10 million tons/year no later than 2030, with construction starting in 2032," said the minister.

According to him, the construction of the new refinery will meet the country's fuel and lubricant needs from 2040 to 2050 and allow for exports to the rapidly developing markets of Central, South, and Southwest Asia.

Currently, Kazakhstan operates three major oil refineries - Atyrau (ANPZ), Shymkent, and Pavlodar Petrochemical Plant (PNHZ).





www.anews.az
Similar news
Similar news
Electricity demand is surging across the Middle East and North Africa, driven by cooling and desalination needs
Business 17:30
Electricity demand is surging across the Middle East and North Africa, driven by cooling and desalination needs
Value of imported food products to Azerbaijan reaches $1.7 billion
Business 14:30
Value of imported food products to Azerbaijan reaches $1.7 billion
Natural gas prices decreased in Europe
Business 13:30
Natural gas prices decreased in Europe
Price of Azerbaijani oil keeps ramping up
Business 11:00
Price of Azerbaijani oil keeps ramping up
CBA currency exchange rates
Business 10:30
CBA currency exchange rates
US to invest £150B in UK, promising thousands of jobs
Business 09:30
US to invest £150B in UK, promising thousands of jobs
First salary in Russia was paid in digital rubles
Business 17:30
First salary in Russia was paid in digital rubles
KazMunayGaz resumes oil exports via Baku-Tbilisi-Ceyhan pipeline
Business 17:00
KazMunayGaz resumes oil exports via Baku-Tbilisi-Ceyhan pipeline
UN chief proposes to cut 15% of budget, 19% of workforce in 2026
Business 16:30
UN chief proposes to cut 15% of budget, 19% of workforce in 2026
Anews TV

Our official Youtube channel

Subscribe