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Kazakh KMG increases oil refining volume in 2014

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DSC_5766Kazakh KazMunaiGas NC JSC processed 14.911 million metric tons of oil in 2014, the head of the KazMunaiGas national company Sauat Mynbayev said Feb.9 at a briefing in Astana.

“The volume of oil refined by KMG amounted to 14.911 million metric tons in 2014 at the plan of 14.889 million metric tons of oil,” he said.

He said that the practical phase of the projects for the reconstruction of Shymkent and Pavlodar oil refineries has already begun.

“The commissioning work at the catalytic reforming rig (the first start-up complex) of the complex for the production of aromatic hydrocarbons at Atyrau refinery has already begun,” said the head of the national company.

Mynbayev also said that the design capacity of the plant for the production of bitumen in the Mangistau region was reached in August 2014, which produces 406,000 metric tons of bitumen.

KazMunaiGas National Company JSC is the Kazakh national operator for exploration, production, refining and transportation of hydrocarbons. National Welfare Fund Samruk-Kazyna JSC owns 100 percent of the shares of KazMunaiGas NC JSC.

There are 3 major oil refineries operating in Kazakhstan – Pavlodar, Shymkent and Atyrau.

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