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Free AccessKazakhstan to Boost Oil Processing to 27m mtpa
Kazakhstan’s Energy Ministry has announced that there are plans to boost oil processing to 27m mtpa, according to BBC citing Kazakh state-run news agency Kazinform.
- The announcement follows reports of a shortage of diesel, jet fuel, and bitumen in Kazakhstan, driven by inadequate capacity at the three major refineries, which currently process 18m mtpa.
- Under plans, the Shymkent oil refinery's capacity double to 12m mtpa, the Pavlodar petroleum chemical plant will rise from 5.5m mtpa to 8m mtpa, and the Atyrau oil refinery's capacity will increase to 1m mtpa.
- The date for the project was not specified.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.