Kazakhstan

Major repairs completed at Shymkent refinery

At the Shymkent oil refinery, the capital repair work was completed in full, 2 days ahead of the schedule, approved by the Ministry of Energy of Kazakhstan.

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Shymkent refinery integrates the catalytic cracking into production chain

The Shymkent Oil Refinery completed planned overhaul, the press service of PetroKazakhstan Oil Products reports.

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Shymkent, Aktau and Aktobe considered for construction of the 4th refinery in Kazakhstan

To date, 3 cities are considered for construction of the future refinery: these are the cities of Shymkent, Aktau and Aktobe. The decision will be made only after the feasibility study.

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Kazakhstan may exceed forecast of oil production of 87 mln tones in 2018

Kazakhstan may exceed forecast for oil production of 87 million tons in 2018. This was reported by the country’s Minister of Energy Kanat Bozumbayev.

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KazMunayGas is driver of Kazakhstan’s economy

Over the years of its activity, KazMunayGas has implemented a number of major projects, making a significant contribution to the development of oil and gas potential and energy security of Kazakhst

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In April, Kazakhstan reduced steel production

During April 2018, metallurgical enterprises of Kazakhstan produced 0.361 million tons of steel (in March – 0.431 million tons) that is by 8.2% less in annual ratio and by 16.3% – compa

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Belarus hopes for the emergence of a common gas and oil market in Eurasian Economic Union by the end of the year

Minsk hopes that by the end of 2018 the countries of the EEU will agree on a single market for gas, oil and oil products. This was stated by the President of Belarus Alexander Lukashenko.

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In Q1, Gazprom’s net profit under RAS was 122.6 bln rubles

In the first quarter of 2018, the net profit of Gazprom under RAS increased by 13.9% compared to first quarter 2017 and made up $122.611 billion.

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Oil production in Kazakhstan grew by 7.3% to 25.399 mln tons

Volume of oil production in Kazakhstan made up 25.399 million tons in January-April 2018. This is by 7.3% more than in the same period of 2017.

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At the end of May 2018 Ministry of Energy of Kazakhstan to put renewable energy objects for auction

At the spring auction the Ministry of Energy will offer investors wind farms with a capacity of 250 MW and solar parks with the capacity of 150 MW.

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