• $
  • £

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
Oil advances for fifth straight session on Iran tensions and Strait of Hormuz disruptions
Business 12:00
Oil advances for fifth straight session on Iran tensions and Strait of Hormuz disruptions
Yelo Invest makes investing in leading local companies easy!
Business 11:42
Yelo Invest makes investing in leading local companies easy!
Euro and ruble advance, dollar unchanged
İqtisadiyyat 11:00
Euro and ruble advance, dollar unchanged
Azerbaijan's Azeri Light crude trades at $95.48 per barrel
İqtisadiyyat 10:30
Azerbaijan's Azeri Light crude trades at $95.48 per barrel
Gold holds near early-June highs as Treasury yields drop and US dollar softens
İqtisadiyyat 10:00
Gold holds near early-June highs as Treasury yields drop and US dollar softens
bp begins 11-day planned maintenance on Central Azeri platform in Caspian
Business 17:00
bp begins 11-day planned maintenance on Central Azeri platform in Caspian
Natural gas futures edge up on NYMEX to $2.78 per MMBtu
Business 15:00
Natural gas futures edge up on NYMEX to $2.78 per MMBtu
ABB Bank receives two more prestigious international awards in human capital management!
Business 12:42
ABB Bank receives two more prestigious international awards in human capital management!
SOCAR releases latest crude prices: Azeri Light trades at $94.58 per barrel
Business 11:30
SOCAR releases latest crude prices: Azeri Light trades at $94.58 per barrel
Anews TV

Our official Youtube channel

Subscribe