• $
  • £

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
Azerbaijan central bank FX reserves hit record $15.3 billion
Business 18:00
Azerbaijan central bank FX reserves hit record $15.3 billion
Agdam–Khankendi railway construction reaches 48% completion
Business 16:00
Agdam–Khankendi railway construction reaches 48% completion
President Aliyev chairs meeting on Azerbaijan's 2027-2030 mining and metallurgy program
Business 13:30
President Aliyev chairs meeting on Azerbaijan's 2027-2030 mining and metallurgy program
Oil prices rise over 1% on global exchanges
Business 12:00
Oil prices rise over 1% on global exchanges
Gold and silver futures slip on COMEX exchange
Business 11:30
Gold and silver futures slip on COMEX exchange
Azeri Light crude drops over 4% to $116.83
Business 10:30
Azeri Light crude drops over 4% to $116.83
Central Bank sets official exchange rates: Dollar flat, euro and rouble advance
Business 10:03
Central Bank sets official exchange rates: Dollar flat, euro and rouble advance
Georgia-Azerbaijan bilateral trade rises over 13%
Business 17:30
Georgia-Azerbaijan bilateral trade rises over 13%
Lawmaker proposes annual discounted flight quota on AZAL
Business 16:30
Lawmaker proposes annual discounted flight quota on AZAL
Anews TV

Our official Youtube channel

Subscribe