Refining

Pavel Sorokin: Petrochemical industry can give Russia about $40 bln of investments

The petrochemical industry is a promising area of development for Russian oil refining. This was stated by the Deputy Energy Minister of Russia Pavel Sorokin.

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L.Mikhelson: Sibur doesn’t plan to conduct IPO in 2018

According to the main shareholder of Sibur L.Mikhelson, 15% is the optimal share of the placement, it does not make sense to go to the initial placement of securities with less than 10%, and with m

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In H1 2018, KazMunayGas increased oil and gas production

In the first six months of 2018, the revenues of KazMunayGas (KMG) made up 3.3 trillion tenges ($10.2 billion). This is by 62% higher than in the same period of 2017.

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Independent filling stations may leave market

Independent filling stations can leave the market in the medium term, head of Gazpromneft Alexander Dyukov warns.

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Kanat Bozumbayev: Kazakhstan needs to start exporting petrol in October-November

It is critically important for Kazakhstan to start exporting petrol in October-November to prevent overstocking of the market.

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Turkmenistan and Belarus discuss possibilities of partnership in petrochemical industry

A delegation from Belarus, headed by chairman of the state-owned concern Belneftekhim A. Rybakov, has paid a working visit to Ashgabat.

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Epoxy resin for 3M plants to be produced in Tatarstan

Tatarstan’s authorities have approved applications of three future residents of the territory of advanced social and economic development in the city of Chelny.

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Investments in new gas processing plant of Irkutsk Oil Company may be $2.5 bln

Investments in the new gas processing plant of the Irkutsk oil company could amount to $2.5 billion from 2018 to 2023.

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In January-August China decreased supplies of acetylene PVC to Russia by 3.5 times

In eight months, imports of suspended PVC (PVC-S) to the Russian market declined three-fold, exports increased by 28%.

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Since the beginning of the year, Atyrau refinery processed 3.5 mln tons of oil

In the first eight months, Atyrau refinery in Kazakhstan processed 3 502 907 tons of oil. This was reported by the press centre of the plant.

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