Kazakhstan’s Refined Product Output Down 5.4% on Year: Interfax

Kazakhstan’s Energy Ministry announced that it processed 5.9m mt of oil from Jan-April, up 5.4% on the same period in 2023, Interfax reported.

• Production of petroleum products rose to 4.28m mt from Jan-April, down 6% on the year.
• Minister Satkaliyev said that fall was due to a drop in petroleum production, particularly fuel oil.
• Diesel fuel reserves across Kazakhstan’s oil refineries, depots, and railways stand at 612k mt, a 38-day supply. Gasoline stocks are at 353k mt – a 30-day supply.
• Satkaliyev added that there are plans to raise oil production output by expanding the Aktau bitumen plant from 1m to 1.5m mt and doubling capacity at the Shymkent refinery to 12m mt.
• The Atyrau refinery could also bee increased to 6.7m mt from 5.5m mt currently, while the Pavlodar petrochemical plant could be increased from 5.5m to 8m mt, he said.